Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
We (husband and wife filing jointly) are looking for a CPA. While interviewing CPAs to file our 2012 taxes we are trying to determine if we should file a partnership return or listed all of our properties on our ...
Matthew King
Title options for married couples
I did a search but didn't find what I"m looking for. Obviously I need to discuss with a real estate attorney but I just sold my one rental and just bought an investment property. The plan will be to sell so how shou...
Nick G.
Spouse required to go on title for Florida investment property?
Hey BP, In the state of Florida, is it mandatory for your spouse to go on title for an investment property held in your personal name?I know because of homestead this is mandatory on a primary residence, but I thought...
Linda L.
Solo 401K as Sole Proprietor
For a sole proprietor business with net income around $50-60K, if I like to include one family member(brother) in my solo 401K, what will be best structure to be cost effective and tax efficient?
To form a pa...
John M.
Rental Property Tax Implications (Personal -> LLC)?
Hi everyone -I'm trying to understand what the benefits would be in moving a personally held rental property to an LLC. Is there an attorney and/or accountant that can shed some light on this?The rental property has ...
Cory Binsfield
What are the new rules to obtain 1-10 conventional loans?
Wow, it's been years since I had to do a 30 year mortgage on a conventional rental (4 units or less). I'm thinking of trying it again for a property that i found. I could easily do a 20 year commercial, but I like Aun...
Tara Garcia
LLC without spouses?
My carpenter and I want to set up a real estate company and believe that if we incorporate (LLC), then we can purchase and sell properties as a company independent of our respective spouses. An atty informed me that t...
Maurice Bunn
How important is spousal support?
Hi Gang!
Question in your opinion how important is spousal support when investing in real estate? Do you think that it should be a team effort, or if one person in the relationship isn't as interested should you pre...
Dan S.
Can I offer a military discount?
Hi there, thank you for checking out my post!I live in Oklahoma and would like to inquiry on whether or not it's considered legal to offer a military discount to prospective tenants. I would also welcome advice on how...
Tom Abbot
LLC tax filing for spouses
We recently purchased a condo that we’ll be renting out and formed an LLC naming both spouses. I’m not sure how to fill out the ‘Federal tax election’ section on the LLC request for information form tr-570 from NYS....