I have two businesses. One is an LLC real estate company and the other is a S corporation. If I I own my own office, can my LLC charge my S corporation rent so that it would be tax-deductible for my S corporation but ...
2 friends and myself are wanting to start investing in real estate, but we are posed with the question of how to evenly split the finances that go into our properties.We’ve thought about promissory notes, starting a “...
Hi, I am seeking advice on what kind of entity I should form for tax lien investing. My primary goal is not to own the properties but to simply reinvest the lien return into the lien. I understand that if I buy the p...
Would it be practical to have profits from rehabbing projects and wholesale assignments all under one entity? Or do these two fields each require their own company?
I recently filed for an LLC with the state of Florida that includes myself and two others.When filing for an EIN, if I choose to be taxed as an S Corp (form 2553); will my LLC become an S Corp or remain as an LLC with...
Hello,I have heard of leasing your short term rental to another LLC that you own in order to minimize tax liability from a video that I watched, but there was no information given on why this is advantageous or the me...
Considering creating (or repurposing an existing llc to) a small real estate management company, specifically to manage properties that we already manage (we are a married couple w/a small portfolio and handle 85% of ...
My husband and I just set up an LLC and are getting conflicting info from accountants that we've spoken with as to whether or not we should elect for an S Corp.We both plan to maintain full time jobs outside of our LL...
Has anyone here created an S de RL in Mexico for the purpose of buying investment properties? I’m curious about the process, the cost, any recommendations…