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Tax, SDIRAs & Cost Segregation

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Tony Otis
  • Investor
  • Minneapolis, MN
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34
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Partnership LLC Taxes

Tony Otis
  • Investor
  • Minneapolis, MN
Posted May 5 2016, 08:27

If I were to form a multi-member LLC as a partnership, with a 50/50 stake in the LLC, it should be regarded as a pass through entity.

Does this mean that buying House A in this LLC is equivalent to buying House B on my own, as far as taxes go? Are there any pros or cons between these two scenarios?

Thanks!

House A

Purchase price: $100,000

Income: $24,000

Deductible expenses: $12,000

House B

Purchase price: $50,000

Income: $12,000

Deductible expenses: $6,000

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