Matt Walden
S-Corp Conversion to LLC Help
When I first started out about 15 years ago my business partner put two properties into an S Corp. The two properties are owned outright no debt. My question is how can I convert this into an LLC? I realize now it ne...
Lane Kawaoka
Takeaways from the list of 2018 Tax changes:
1) Standard deduction and personal exemption combined and seems like everyone is getting more... so its a wash IMHO.2) Less deductions for those who don't have a business like real estate investments. Sigh... it just ...
Jimmy H.
Steps to Properly Form and Maintain a LLC
I am wanting to form a LLC, I do not feel the need to pay a lawyer with all of the info available on the internet today - but much of it is not reliable and I have not found a definitive resource with this info clearl...
Michael Gayer Jr
Just started an LLC, can I change tax election? (Disregard to S)
Aloha Investors,I have a Tax Question ...I just started an LLC on November 16. Can I change tax election? Change from Disregarded to S-Corp. I haven't done any transactions yet. Thank you in advance,Mike
Jay Y.
Checking to see if I need to file Form 8832
Hey guys,Here's my situation, my partner and I formed an entity call it First LLC which is classified as a partnership when the EIN was obtained. Later we formed another entity call it Second LLC and again is classif...
Chris M.
Changing from LLC to S Corp - How does it affect taxable year?
Hey guys, so we are changing our LLC to an S Corporation for our business entity type this year. We were likely going to do this in February of this year, 2018. My questions:1. Does changing from an LLC to S Corp affe...
Lee Atwater
Buying from a defunct corporation?
No matter how much I google I can't find info on this.
So 6 months ago I bought tax delinquent land from an auction. It was owned by a defunct contracting company which ceased to exist in 1990. At that time, the land...
Elia Ziliani
How To Structure Company and Tax Filing
Hi, I want to start investing in commercial real estate, I was thinking to use an Umbrella Structure, so, open an LLC in Delaware filing a partnership tax return ( I will have the 99% of interest as main owner and a c...
Thomas DeMoss
Changing to single member llc
i set up my llc with my wife and i, each having 50% ownership. This was suggested by my lawyer, but not sure why. I filed my taxes and recieved a $600 bill from my cpa to file for the llc which holds two properties. ...
Mary Jay
Dumb question:Who am I looking for? Accountant or legal services?
Hey guys,Sorry for a dumb question.I am not sure who am I looking for, an accountant or paralegal?I need to make sure I am not doing anything that will pierce the corporate veil and put my LLC and other assets in jeop...