Hi,My tax consultant is busy and said he will file 'corporate tax act information filing' later but never got back to me. What is last day for this? Any penalties I have to pay. Any website where I can do myself? Plea...
So looking at my county's tax delinquent list I am finding that a lot of the properties belong to an corporation, business or investment fund. Do you guys think it would be worth it to Persue these properties? Or just...
Hello There,
Before we start acquiring prioerties. I have a quick question about taxes and when and how one would report..
Let's say I am a limited partner in property in state A LLC , and limited partener in state ...
Hi guys, I've been trying to understand the tax implications of different entity types. I've developed a really short, brief model of how an S-Corp would be taxed, provided that it is 100% comprised of rental properti...
Hey everyone, like most people here, I have read Rich Dad Poor Dad several times now and am inspired each time I read it. In there he mentions creating a corporation to significantly save on taxes. He references bei...
Good afternoon BP,
I am seeing a ton of S-Corporation questions recently. The election must be made in the first 75 days of the year to be timely. That said, you need to weight the self-employment tax savings with co...
Hello!Anyone in CA? I am a tax accountant looking to discuss some strategies I am planning to move to commercial. I am thinking of JV thru an LP, where a Corp is a liable partner. I already have investment properties,...
Hello,
I am totally new to RI. I set up my S corp less than two years ago, hence, only one year worth of corporate tax return is available. Prior to incorporating, I was on 1099 for about 2-3 years. My income increas...
Let me start by saying I have hired a CPA, and have a future meeting set up. I also appreciate multiple voices on projects I am taking on. I am looking at establishing a new single-member LLC. I have 200k in private m...
If an LLC elects to be taxed as an S-Corporation, what are the specific tax provisions that would need to be included in the Operating Agreement in order for that tax status to hold in court down the road? Thanks