Kelly U.
LLC, FLP, INC, CORP C&S [a plethora of questions]
First of all - does anyone else feel like they are singing the alphabet?
I have heard the LLC or FLP is the way to go but what really does that do for me?
What are the pluses and minuses and differences between the ...
Sabine French
NC/VA asset management/financial advisor?
Hi all, been lurking for a while & doing weekly webinars/podcasts. Very excited to be a part of this community and by what I’m learning!
Approx 15 years ago, through inheritance, helping out a friend in bankruptc...
Josh Westlund
Tax implications on personal loan
I signed a note with an individual and then used all the loan proceeds as a down payment on an investment property. I have recently paid this off in full, including all interest due and am wondering if there is any w...
Ben C.
How long to hold New Jersey flip?
Hello,
I am flipping single family homes (all cash deals) and am wondering if other NJ flippers can help me....
I am wondering how long you hold your flips? I know after 12 months there are tax benefits vs selling ...
Melissa Shimmin
Self Directed IRAs for RE Investing Recommendations
Looking for recommendations for companies/institutions offering IRAs in which to rollover my 401K so that I can use the funds to invest in Real Estate.
I'm looking at Entrust Group. Does anyone have experience with ...
John Public
Rental deductions
Guys,
I am trying to figure out my post-tax cash flow from my pre-tax cash flow and other stats on buy and hold properties. How does it work again? Please correct me if this is wrong:
From the net operating income...
David V.
IRS Form 8824 Review
Hello Tax pros,I am planning on executing a 1031 Exchange (simple one - no boot, same owner, etc.) using IPX 1031 sometime over next couple of months (already had call with IPX) and had a question relating to my taxe...
Brian Zaug
Rental losses against personal income
Happy Friday! Cheers!So my wife and I are both teachers in NY. We grossed $251,000 last year on our w2s and we file jointly. We purchased 2 rentals properties (2 duplexes) last year and with the work/renovations ...
Dean D
Saving 15.3% in Self-Employment taxes with an S-Corp?
RECPATAXMAN,
If you could go into a little more detail on this S-corp SE savings.
I'm not clear on how the end of year dist. will be excluded of S.E. tax.
I'm currently interviewing Atty's to setup my first LLC an...
Casey Epperley
First time landlord- how to structure
Hi Everyone! My name is Casey Epperley and I live in Salem, Oregon. This is my first post on here, however I am a long time listener of the BiggerPockets podcast. Little background information on me - I am a 29, marri...