Adam Byrne
MultiMember LLC, taxed as Partnership question
Hi BP!I am a partner in a multi-member LLC, taxed as a partnership. Since I'm actively managing, I pay myself a management fee and 1099 myself at the end of the year. I like to show the income to season my tax returns...
Account Closed
Best way to deduct meals, vehicle, etc. on taxes for landlord?
I am actively seeking investment properties (buy and hold) in the Raleigh, NC and surrounding areas (A & B neighborhoods predominantly) and need insight regarding how to structure an entity that is tax advantaged....
Jon Taylor
I own the business and the building (2 LLCs)
Hoping you tax strategists can help me think through this…I am the owner of a business and the only member in a separate LLC that owns the building.I am in a position to be able to decide how much rent the business te...
Erick Acosta
LLC vs S CORP ? I’m a newbie investor.
LLC vs S CORP ? I’m a new investor who lives in Los Angeles. I’m looking to start Fix n Flipping in the Ohio market. Should I go with LLC or S Corp when investing in out of state markets ?
Jake Kucheck
Has Anyone Started a B-Corp?
Specifically for the purpose of acquiring, improving, and renting out property in what we would consider Class C/D areas?
If so... would love to brain pick...
Sharad M.
"Loser pays" legislation
So I was reading this editorial piece in WSJ about how Texas is considering "loser pays" legislation, which will basically require a losing party in a lawsuit to pay the opponent's legal fees. It is modeled on British...
Bienes Raices
How many who self-manage their properties still use an LLC?
I've heard conflicting things (even from different lawyers) about whether an LLC really gives you liability protection (inside liability from injury to tenant, guests occurring on property) if you're self-managing the...
Account Closed
Investing before 18, how can I sign contracts myself??
Hi everyone, my name is Michael I'm 14 years old and I live in New York. I was wondering if there was a way that I would be able to sign some contracts and do business at my age. I want to get into buy and holds, and ...
William Ellis
Incorporate Or Not To Incorporate
I am new to Bigger Pockets so this is my first post.My wife and I are looking to get into property investing and I am currently in the process of getting my real estate license while working a regular full time job.I ...
Peter Grange
Best entity for flipping partners
A friend I have some previous experience working together on flips but never created a real partnership due to my corporate career. I have not retired from the corporate world and am looking to partner full time. I am...