If I own an LLC that sells engineering consulting services for, say, $20,000 in a year, can I use that $20,000 to make a downpayment on an investment property, and then tell the IRS the LLC had $0 profit?
Hi All! Looking for a CPA specializing in Real Estate in the Southern NH area. Thank you!
Hello! I'm currently under contract for a condo in Chicago and looking to complete a rehab. My plan is to put in a new kitchen, add a laundry room, add a shower to a half bathroom, and rearrange the bedrooms (this wil...
How legal would it be to list a house you don't yet own on a website, wait for interested buyers to contact you, then to buy the house from the owner and sell it to them?
Peeps...I need to get bids for general contractors over to the 203K consultant as quickly as possible because there can be a lot of back and forth that goes on before the bid can be accepted and all this needs to happ...
I'm looking to build my business credit and want to get a DUNS number. I understand that D&B requires a SIC code but none of the categories seem to fit for Real Estate Investments. Has anyone in this forum applied...
I'm fairly well-versed in the areas of asset protection, having been a client of many attorneys and accountants over the years and have my own way of doing business using various entities, but still need assistance an...
Hi,
I am currently in attorney review on a 4 bedroom multifamily home. I am purchasing through a 203k reno loan and I have heard these can be a tricky loan to navigate. I have heard HUD inspections, getting certifi...
I'm a Real Estate investor currently in buffalo NY. I believe I have outgrown my current tax professional, and am iso of a new one. Preferably a fellow investor. Any help is greatly appreciated. Thanks.
Looking for advice on the best way to approach the county permit office to rebuild an outbuilding (non residential storage building somewhat over 200 sq ft) that is grandfathered in, but in poor condition (over 50% da...