As a real estate investor it is important to choose a business structure that gives you the maximum asset protection as well as the best tax advantages. Although I can't advise you as to what type of entity you should...
Newbie here.I run a small business and it's generating healthy revenue.Looking to invest in my first investment property and was wondering if I should purchase with my personal income or buying it through corp?I am co...
If I start a corporation to collect rental income and there is 10,000 left after all expenses (profits) at year end , how is that taxed?On my personal taxes?Is it taxed separately before I take it?Is it part of my MAG...
Hello,I'm interested in partnering on a deal with 3 individuals. In order to do this should we all create an LLC together for this one deal? Or will our individual businesses protect us? (One person is not protected b...
Looking to get some feedback. I own a few multi unit properties - all of which are under my personal name. I’m wanting to make sure I’m insulated from any risk (tenants hurting themselves, personal liability etc) by ...
I am getting HELOCs on my primary residence and a rental property, that my husband and I own under our names. I would like purchase a multifamily property using the HELOC funds as a down payment. I would like to purch...
hi every one,Just came to my attention that I have to pay Taxes on the income I got from my property in Memphis, is that true ?
Hey All,I've perused through the Canadian section and there doesn't seem to be a great deal of info on this topic. I'm looking for some information on how one can go about purchasing a rental home in Canada under a co...
Soooooooo silly question, but I thought I'd ask.The general concept of LLCs I understand, but what I'm struggling with is at which point would you want to classify your LLC as a Corp? The personal tax rate even at th...
I'm thinking about purchasing my first rental property to diversify my assets. I'm wondering if starting a C corporation, where I am the sole shareholder, makes sense. I know some downsides: double taxation as the cor...