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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
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Tax, SDIRAs & Cost Segregation
HomeForumsTax, SDIRAs & Cost SegregationLLC or run through personal account for taxes and banking
Debra Johnson's profile image
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Debra Johnson
  • Member since May 16, 2022
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Debra Johnson's profile image
Debra Johnson's profile image
Debra Johnson
  • Member since May 16, 2022
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Debra Johnson
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Tax, SDIRAs & Cost Segregation

LLC or run through personal account for taxes and banking

Debra Johnson
Posted May 16 2022, 14:43

Just purchased single, out of state, property for STR. We reside in WA. STR in Boise, ID.

As a married couple do we set up LLC or run expenses and income through our personal names? This is in regards to banking and taxes?

Boise, Idaho
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