David Gradman
Would a Real Estate Professional pay SE income tax within an LLC
Question for the CPA's and Tax Lawyer's out there.If I own a rental property within an LLC and I (or my spouse) meet the criteria for tax purposes of being a "Real Estate Professional" would Self-Employment (SE) taxes...
Daniel Smith
Can an LLC avoid the Real Estate Professional requirement?
In a perfect world I would be able to deduct my real estate losses against my very high W2 income. However, achieving "Real Estate Professional" status is not something I will be able to do in the near future.It has a...
Account Closed
What kind of LLC do most owners have for their multiple properties in Washington DC?
Hello
I am just new to this forum since yesterday. I was pretty excited to have found this site and I believe all information shared in this forum is truly beneficial for all real estate investors.
I just wanted t...
Albion Sabani
How should I incorporate?
Hi BP, Any suggestions on how should Incorporate my real estate investment biz? I'm starting with wholesale and will transition to gov housing. Any LA recommendations, or should I LegalZoom? Thanks friends
Kenneth LeBeau
Business Finance Question - Commingle
I'm a newer business owner with a recently set up LLC and I was wondering if I should be more careful about how I pay for things for the business. Sometimes I pay for things directly from one of my personal accounts e...
N/A N/A
One more "starting out" thread?
Hello, as most others do I'll start w/ a little background. I'm 35, live in Asheville, NC, wife, two kids, one dog, mortgage, 9-5 job, etc. I can go into detail on my mortgage if necessary.
A co-worker, and I, ar...
Justin Sumulong
Handling funds for different rental properties
When one owns multiple rental properties, would it be recommended to have multiple checkings/savings accounts for each property or can more than one property be handled in one set of checking/savings accounts?I unders...
Brian Law
How to setup a real estate investment company in Ontario Canada?
How to setup a real estate investment company in Ontario Canada to attract foreign investors?My business partner and I have been purchasing properties since 2008, mostly single family dwelling and some 2-6 plexes in O...
Jeffery Speck
New LLC Tax Structure Question
I have a newly formed LLC that has 3 members. What tax structure should we use? I like the benefits of S-Corp, however we wont be paying ourselves a salary. Any recommendations??
Bill Womeldorf
B-Corps in Real Estate?
Hi everyone, So I have debating which entity makes the most sense for starting a real estate investment company in mass. I was deciding between an LLC or an S-Corp and then a business minded co-worker of mine mentione...