Nick S.
Structuring a company
Hello all, I currently own a 5-unit, and two single family homes, and have my real estate license. I just got approval for funding that will allow me to purchase 8 single family homes, and generating about 9k in incom...
Tony Lin
Multifamily tax structure
Need some clarification here. Multifamily syndication distributions usually come in three forms, yearly cashflow, refinance, and appreciation. I wanted to make sure I understand how each of these are taxed. Please cor...
Matt Sherman
Partnership in an Investment company start up
My main question is, a good friend and I both have our own real estate investments in our name. We have been talking for a few years now about going into partnership and finding these properties together through an in...
Account Closed
Best way to deduct meals, vehicle, etc. on taxes for landlord?
I am actively seeking investment properties (buy and hold) in the Raleigh, NC and surrounding areas (A & B neighborhoods predominantly) and need insight regarding how to structure an entity that is tax advantaged....
James Kojo
How important is it to have an in-state CPA?
I'd be interested in hearing from both CPA's and Real Estate Investors on this topic.I'm conducting a search for a personal CPA who specializes in REI. I live in California, and I invest in multiple states. What are t...
Chad C.
How does LLC owner get paid and tax consequence?
Hi, all, I see in this forum many people are recommending form a LLC and use the LLC to hold rental for asset protection purpose. In doing so, one of the main step is keep all the funds separate from personal funds, w...
Roberto Westerband
LLC taxed as S-Corporation - Tax Provisions
If an LLC elects to be taxed as an S-Corporation, what are the specific tax provisions that would need to be included in the Operating Agreement in order for that tax status to hold in court down the road? Thanks
Fernando Guzman
Am I Limiting My Wealth?
Thank you all for taking the time to read and provide any advice on my situation.
I’m currently facing a decision with my two properties and would appreciate your guidance. Here’s the breakdown:
- Property 1: This p...
Sophia Berry
Who is liable if lot is not Buildable?
Hello all,I am getting ready to purchase 3 lots in a subdivision cul de sac. The subdivision was built in I believe 2006 however, I am a little nervous as to why the builder did not build on those lots. There were t...
John Pruner
Tax questions and LLC questions
Hi,
If I buy a small buy-and-hold SF property, what is the reason to do it through an LLC? I guess I can deduct depreciation and write off mortgage interest whether or not I use an LLC. However maybe I can on...