I've operated my business as a straight single member LLC for the last 10+ years. This year (2016) my income was much higher and I figured it might be useful to looking into the S-corp designation with the IRS. Wha...
Hi there BP family!
Looking for some advice. Towards the end of last year I used the BP tax pro finder and began working with a tax pro in January to file 2023 taxes and go over tax strategy. I’m just starting my RE ...
Hello. We have a single member LLc that elected to be taxed as an S Corp in 2016. While reading through the Florida Corporate tax information I find places it says we do need to file a Florida Corporate Tax Return, ...
I have just set up my first real estate investing company in Washington state and among the many things I had to do to get going was registering with the State Department of Revenue. I got a letter back saying that I ...
Hi! New to BiggerPockets! I was an airbnb investor for a few years but my financial situation got really complicated. Now, I am in a great financial situation and am looking to start investing again. However, I really...
Long story short, I tested a new contractor on a rehab. The project had massive scope creep so it was difficult to pin him down on a final price when he was in the middle of working. Anyway, he recently sent me his fi...
Hey guys...I just put a seller under contract...Where do I go to get the contract notarized and cloud the title?what part of the court house does this?Thanx Guys :)
I have a partner and we are looking at purchasing our first rental jointly. If the property is in one person's name, how would you split the write-off deduction benefit?
I have a commercial 6-plex that is in the name of a LLC. I just went the courthouse to try and file an eviction for non payment of rent and someone there told me that I HAVE to have it done by a lawyer because it's in...
Hi guys!One very smart person said:" If you want the multi member LLC because you are unsure if you could be contested in a single member LLC, then find a trusted friend and give them a nominal amount (5% or less) of ...