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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...
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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??
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I have exceed my salary and rental income combined. .............. We are officially making more money than when I was working a "butt job"When I left my job April 1st, 2016, our rentals made $1,877.86 a month. 8 week...
It is my understanding that the tax advantages of an incorporated real estate holding company for buy and hold investments do not kick in until there are at least 5 full time employees on the payroll as this is the po...
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Hey Guys!!!
I am in the beginning stages of becoming an investor and I plan on focusing primarily on flipping houses. I'm in the process of doing a lot of research and within the next month I will obtain my LLC lice...
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My husband and I have a Triplex in Kansas that we plan to hold onto because it is a cash flowing monster. We haven't set up an LLC yet. But we want to move to Florida in 2017 sometime. We will invest in much more real...
I am about to close on my first rental property. I am planning to create an S corp from the advice of a CPA. My question is, I've been searching for 5 tradelines for my new corp to get Paydex credit. However, I think ...
Hello, I am living in sweden and i have since 2013 bought 2 single family houses. I have renovated the two of them and also got them re-estimated. One of them is estimated the doubble it's bank loan. The other is esti...
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I need help figuring out how to start out, with my own money, and then turn it over to my LLC. I know that I will have to use my personal name and money to get my first property. After that I want to turn the proper...
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I am going through a terrible closing experience on a new primary residence and want to see what I can do to improve my tax structure to eliminate this issue. A quick run down on my financials and see if any mortgage ...