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Hi there! Would it be beneficial for me to form an LLC and elect S Corp taxation status? My goal is to buy and hold investment properties but also become a licensed real estate agent to property manage others properti...
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April 18 is Election Day! It's the day you must make your election to be Qualified Real Estate Professional. This is IRC §469(c)7)(A).You really need to see a CPA to think this through.What you doing is combining r...
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Stock markets down 10% in the two days following the election. Just a continuation of the previous correction, or a market reaction to an Obama administration?
:cool:
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Needless to say our economy as well as the RE market is strong. RE is perhaps not as strong as year ago in my area but very steady.
That said, are any of you concerned about something drastclly happening after the m...
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Dear Smart People,As I embark upon my REI journey, it occurs to me that there is an impending presidential election this year that may or may not effect the outlook on the real estate market. I'm just starting out, s...
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Hey everyone,I got a home under contract (closing August 19th) that I’m looking to live-in-flip myself over the course of 2-3 years. Yesterday the property was inspected and a few things came up that I’m unsure about....
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Hi,Firstly, I really hope this doesn't turn into a heated political debate. I'm opening this thread to discuss real estate, not politics and policies.As someone who is looking to get into real estate I'm now questioni...
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What do you think the biggest changes will be within the housing market and investing now that the election is over? I’m in California, what about you?
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currently weighing my options on how i want my LLC to be taxed.Business activities will be receiving royalty income from my buy n hold properties..s-corp or partnership????? is the million dollar questionsand i want t...
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So I just created an LLC and it was formed with the State about a week ago so I have a little under 70 days left to decide which tax classification I would like to elect before it is defaulted as a disregarded entity,...