Shalin Patel
Mortgage/LLC structure tax liability in 100%/0% partnership.
My father and I are working on our first triplex deal and plan on transfer to an LLC after closing. I will be supplying the down payment for the mortgage and initial costs. Ultimately we would like all the profits/los...
Robby Roden
NNN Lease Limitations on Tenant Tax & Insurance Liability
Has anyone ever seen any language in a Triple Net Lease limiting the Tenant's Tax & Insurance Liability. It seems like the owner would have no incentive to fight tax & insurance increases if the tenant is 100%...
John Faranetta
Tax Liability on Ownership % Swap Between Tenants in Common?
I own 8 residential rental properties with 3 other investors. The properties are owned equally between all 4 investors, and the Deeds are held as Tenants in Common. We have decided to divide the properties amongst a...
John Pierce
Strategy for structuring business to minimize taxes and liability
Hi.Last night at a dinner party I found myself in a conversation with an entrepreneur about taxes, corporate veils, etc. He asked me how my rental properties were structured and was shocked to discover that I persona...
Kalen Mills
structure business for inside &outside liability &for tax benefit
I went to a REI seminar recently and heard some new info on how to set up LLC, S-CORP & TRUSTS. The guru was saying to have your llc under an s-Corp for multiple reasons. 1. It provides layers of liability protect...
Josh Garner
Ways to reduce tax liability on my cash flow
Hey BP! What are some ways I can reduce my tax liability on my rental property? After reviewing my taxes, I earned $26,400 in rental income on my property, and all expenses (mortgage interest, repairs, depreciation, i...
Terry Royce
Tax Payment w/ Tax Extension
Hi, all.We are in between accountants, and working on getting someone new in the mix, otherwise I would touch base with them and get this issue clarified.My question is, if we file a tax extension, and don't pay all o...
Tyson Allen
How to minimize your tax liability during an assessment year
I am relatively new to real estate investing with 4 single family rentals in the Des Moines Polk County area. My question is around property taxes and how to minimize the increase in assessed value of your property. T...
Bhanu P.
Tax liability question on Capital gains in Seller refince closing
If I sell a property with Seller financing on 30 years term/No Balloon payment at all, when am I responsible to pay the Capital gains assuming there is neither early payoff nor foreclosure?For argument sake if there i...
Victor Lee
Foreign investors tax liability in a syndicate or a fund.
I have two friends living abroad who want to invest with me. One of them has a green card, and the other does not.
Both are in India now but used to live in the USA.
Assuming I follow all the securities law and regu...