Buying rental property with an LLC (Limited Liability Company) can provide valuable legal protection, potential tax advantages, and a more professional structure for your real estate business. An LLC ...
A limited liability company, or LLC, is a type of hybrid corporate-partnership business structure that is available in most states. According to the IRS, LLCs are popular because LLC members (owners) ...
This biweekly sponsored column is written by the experts at Gordon James Realty, a local property management firm that specializes in residential real estate, commercial real estate and homeowner ...
The Limited Liability Company business structure is popular because it is a hybrid of a corporation and a partnership, offering the benefits of both. For a rental property owner, incorporating as an ...
Karla Dennis, EA, MST & CEO of The Award Winning Tax Accounting Firm, Karla Dennis and Associates Inc.—Specializing In Tax Planning. You seriously want to be like Mrs. Jones when you grow up. Now you ...
When you have valuable assets, significant costs or debt, or the possibility of someone getting hurt, a limited liability company (LLC) could help shield you from liability. Additionally, it can also ...
Q: I own a rental property that I put into a limited liability company (LLC). Now I'm planning to make this property my primary residence. Should I dissolve the LLC? Would there be any taxes on this ...