Nathan Reed
Any benefits of starting own pm company
I own a single family home that I rent out to my brother that I do not use a property management company for. I want to buy another house in the area to rent out. I’ve thought about starting my own pm company with my ...
Jason Jones
struggling with this decision
I have worked in corporate america for over 15yrs and investing in real estate part time since I was making $70K on job... Well, I recently lost my job now finding another one is so painful and stressful that I rea...
Matthew T.
Limiting Tax liability as a flipping company
I started another LLC in 2017 with a focus on wholesaling and flipping homes. We held nothing in this company and sold everything no longer than 5 months. Our CPA is saying we will be classified as a dealer/trader a...
Kevin Wattenbarger
Entity Structure- 2nd Real Estate Brokerage Company
What do you think is the best way to structure a second real estate brokerage company? Background: I have a Florida real estate brokerage company (an LLC that has elected to be taxed as an S-corp) that is 100% commer...
Tiffy W.
LLC's R/E losses to Personal Income tax 1040
Hi,I am a R/E investor that is seeking the community's thought on the following tax related questions. Please feel free to chime in and provide your two-cents. Appreciate any help in advance.Background Information: I ...
Michinori Kaneko
Rental income go to LLC while owning the property personally?
Hi,
I have an agent that I use that invests personally, and she has the property under her trust, but all her rental incomes/expenses goes into her LLC, while both the LLC and the trust are wholly owned by her. My si...
Bill W
Is LLC really neccesary
to do a one house flip. Three of us are wanting to put = amount of money to buy and rehab a house then flip it. Profit to be split evenly. We are paying cash no loans. LLC seems cumbersome, cpa says it has to be regis...
Jackie F.
Thoughts on multiple entities??
Advice please. I am planning to start my business wholesaling.. I have worked for a wholesaler so I am not 100% novice.. I do not want wholesaling to be primary for me, My passion is fix and flip.. I love the risk, i ...
Tyler Scranton
Getting a mortgage under LLC
My partner and I are looking to purchase a SFH in Philadelphia and have recently formed an LLC as an investment vehicle. This is our first purchase and are planning on making more purchases under the same LLC. We are ...
Alan Suen
Name of LLC or Address on Schedule E
I have multiple rental properties held in a single member LLC. Can I just put the name of the LLC on Schedule E and report consolidated financials or do I have to separate each property out with its own address and ow...