Bret Halsey
Different LLCs and structuring
Many of the lenders of investor loans I've been speaking to will mostly/only lend to a business such as an LLC. I've heard a couple investors talk about having an LLC for rentals, and one for flips. As someone who is ...
Victor Chan
Profits and losses from flipping
I have a question on the tax issues when it comes to flipping. If one buys and sells homes using their personal names, and say there is a profit of $50K on house 1, and a loss of $20K on house 2, can we offset them an...
Matt Sosa
Partnership Structure in Two Different States (CA/NV)
Hey all,So I have someone who has a chunk of change sitting around and is interested in putting it to work. They've approached me, since I have a few properties already, and wanted me to do the grunt work (and maybe p...
Jeremy Karja
Can I still write off some expenses for last year w/out LLC ?
Hi BP,Quick tax question. I am setting up my LLC this year but I have some RE expenses from last year? With other businesses in the past I still wrote those off I thought without an official business set up but I may...
Jesse Hodges
How to structure our LLC
My wife and I want to create a real estate LLC . What are the pros and cons of creating it as equal partners verses one of us as the sole prioritor and the other being an employee?
Joe Wright
Looking for Real Estate CPA in Dallas TX area
Quickly approaching our first purchase in Texas and would like to consult with a local Real Estate CPA that also invests. Appreciate any suggestions.
Ryan Knapp
Cost Segregation Companies
Does anyone have any experience with Cost Segregation Authority, Engineered Tax Services or Baker Tilly?
I've gotten some estimates and a study and seeing wildly differing numbers as far as tax savings as well as...
Andrés Uribe
US entity structure when investing from Canada suggestions
Hello BP Forums.
I am a new investor and WILL get started investing in US real estate from Canada in February. I have almost everything lined up, a couple agents, a property management company, lender (just one so fa...
Courtney Downtain
Traditional or Roth IRA?
Hey BP team!I need some advice on how to pull my 401K for investing purposes. I want to be able to rollover a portion of my current employer's 401K into an IRA account, but all of the FAQ's I have read seem like a Rot...
Jamie Brayton
Flipping with family & tax implications
My husband and I would like to do a flip and partner with my father. I'm looking for advice on how best to structure this. We'd like to split net profits 50/50 and I'd prefer if he can also get the tax benefits. Addi...