I am looking to setup payroll for myself out of my company, call it LLC #1, and LLC #1 is owned by Parent LLC which I am looking into doing an S-Corp Election for. What I am unsure about is if the whole 60-40 rule aro...
I am in the early stages of developing a program to help people looking for raising private capital. This is incredibly important work and in order to create the most impactful and transformational program possible, I...
Recently we updated our site, I was looking for feedback but when you try to post a URL your post gets trashed.
Hi,I was referred to a turnkey provider in a certain market, by another company called a "turnkey promoter". I was disclosed that the turnkey promoter would be getting a fee, if they successfully sold me a home there...
Hi All,My wife and I are planning on purchasing a vacation home to rent out in the Outer banks next year or late this year. I noticed many of the homes there have "names", and usually some kind of plague, or sign out...
So a piece of property in terms of capital or ordinary treatment, relies heavily on the items intended use in the taxpayer's hand.It can turn an otherwise capital gain into an ordinary one. It may even disallow previo...
Hi Everyone,
I just closed on my second property of the year. And I was wondering for the people with multiple rentals, how do you have them structures from a legal standpoint? Right now, the properties are just in m...
Alright all, we followed the advice of everyone on here and started an S-Corp back in 2017 for tax purposes when flipping homes. Additionally, we own a duplex in the company name but that is not the basis for my quest...
I have a family of 7, 5 adults and 2 children that wish to rent our rental home. I need to run a credit and background check on all of the adults. Does your company charge per person or do you have package deal that ...
I went to this seminar in July. It was easily the most informative, hands on learning I have ever been apart of. I got an email saying they were doing another (he only does about 2 a year). Thought I would pass it alo...