I started an LLC for my wholesale business and later for when I acquire rentals, what federal tax election should I pick, a sole proprietor or corporation? I’m the only person in the company
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When forecasting a return for a corporate investment structure, do you subtract state and federal taxes from your ROI calculations? *** I ask as it doesn't seem that the BP deal calculators factor in state...
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My apologies if this has been addressed before. If so, please "point" me in the right direction. Thanks!
What form of business entity do private lenders choose who lend from only their own funds? ...
I've been researching how I should structure my real estate investments. I currently have all my assets under my personal name. As I grow my portfolio, I want to reduce risk, taxation and free up my personal cash vest...
I currently own 2 income properties and closing in on a 3rd. Properties are not owned by a corporation and therefore rental income earned and taxed as personal income. It is my understanding that real estate revenue i...
Hello All,A question for my fellow canadians. In Ontario income from property that is owned in a corporation is classed as passive income which is taxed at almost 50%!!!!!!!!!!!While small businesses are classed as ac...
Recently spoke with a lawyer. Starting a basic holding corporation documents is about $500. Any know how much the accounting cost is for beginning real estate corporation acquiring2 properties this year??
My husband and I set up our business as a C-Corp, in order to take advantage of the tax benefits/write offs as well as the asset protection that the C-Corp allows for. However, the first year I went to have the busin...
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I wanted to run this idea by the BP experts that someone gave me. If me a canadian citizen partner with a family member who is a US citizen to buy rental properties, I am providing all the funding and...
I am a Canadian citizen looking to purchase a rental property in Arizona. I have a couple of lenders that are going to look at it and I do not need a seasoned LLC. I have the following questions I would love some advi...