Tax, SDIRAs & Cost Segregation

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Hen Ley
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Flip in personal name or LLC to take advantage of expenses?

Hen Ley
Posted Aug 28 2019, 18:01

We are looking at a live-in flip and want to make sure we're able to write off all the improvement expenses when we sell it. Is it best to have the property in an LLC or our personal names? I wasn't sure if we'd be able to deduct all the improvement expenses from our profits if it's in our own names-

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