James Bynum
Trying to figure out s corp distributions
So, I'm investing with my parents doing flips, and we setup an LLC with me being a 50% member and my parents at 50%. From everything we've heard, if we make over $40,000 in profit that we should file as an S Corp and ...
Fran OBrien
Forming an LLC with foreign partners and capital in Florida
I will be bringing in capital from outside the US and will be using this money to form an LLC in Florida to buy, flip and rent/sell the properties. The LLC will be setup under 3 partners (1 US citizen, and 2 foreign i...
Miles Stanley
Start with CPA or Attorney??
Ive been researching entity formation (interested in SFR and MF buy and hold) and I'm a 'little' confused (to say the least).Would it be best to consult a CPA first to determine the best structure from a tax standpoin...
Andrew Caggiano
Carryover passive losses
Hi everyone,Our partnership files a 1065 for passive real estate income. In the past we've always reported passive losses on our real estate investing activity. This year (2022 tax return) we are reporting passive n...
Brandon Paul
Great CPA / CPA Firm in Southern CA?
Hi
Does anyone who know of a GREAT CPA/ or CPA firm in Southern CA let me know.
Need a CPA that of course is fluent and CONFIDENT in Real estate short term investing. Ex. Knows what to form for you LLC/ Scorp. wh...
Matt Lyons
Moving my family and REAL ESTATE investing to South Carolina
I primarily invest for CASH FLOW and have been doing so in Western IL and Eastern IA over the past 5 years. I am up to 85 rental doors and enjoying the real estate investing lifestyle. My family and I have decided to...
Suzanna Lam
Solo 401k and S election
I just recently open a solo 401k for my business (single member LLC with me and my hubby being the members) with me being the trustee. So I am in control of my checkbook. So far so good.
My understanding is that ...
Heather Griesheimer
New investor in Dayton, Ohio!
Hi! I'm Heather Haycook and I am brand new to real estate investing! I have wanted to get into real estate for years but was studying from the retail market side until just a few months ago. Since then I have read mul...
Robert Granara
Real Estate Trusts?
I need to do something w/ my properties...I have been buying one house every 3 months or so over the last year and I now own 6 properties including my own primary house...
I know I need to put them into either an LLC...
Cameron Andrews
C-Corp for a Canadian long-term investor?
Hello everyone,I have a C-corp in the state of Ohio, at the advice of a real estate 'guru' At the moment, I am JVing on a long-term property in Pittsburgh. Is it worthwhile to hold the property in my C-corp? At the mo...