2 August 2025 | 9 replies
Presuming your LLC is solely owned by your IRA, it is s disregarded entity.
21 August 2025 | 310 replies
I would disregard this post.
29 July 2025 | 1 reply
Speficially, if you flip in your own name, or in a disregarded entity, the IRS may treat you as a “dealer” which means your flips are considered business inventory instead of long-term investments.
28 July 2025 | 6 replies
The bigger thing to me was the seeming disregard to permitting (although maybe they didn't need it in their areas).The bigger lie to me was the budgets.
28 July 2025 | 9 replies
Personally I follow the tax code and consider a flip as a job and disregard as an investment all together.
22 July 2025 | 4 replies
When someone does something that seems selfish or disregards others feelings or safety.
16 July 2025 | 18 replies
It's mostly for liability protection and formal business structure.From a tax perspective, a single-member LLC is a disregarded entity and treated the same as personal ownership.Since many lenders restrict transferring title to an LLC after closing (it can trigger the “due on sale” clause), keep it in your name and just report income/expenses on Schedule E.Strategy TipIf you want liability protection, consider:Creating an LLC that leases the property from you via a triple net lease structure (have a CPA help with this).Getting umbrella insurance or a high-limit landlord policy to help protect personal assets.This post does not create a CPA-Client relationship.
15 July 2025 | 17 replies
The tenant, however, is acting entitled to stay and is completely disregarding the fact that I have kept the rent low for so long even after the increase.What can I do to ensure a successful eviction under these circumstances?
25 July 2025 | 456 replies
. - Disregard the question about preparing promissory note/deed.
11 July 2025 | 10 replies
If the original property was owned jointly by you and your spouse, and the new property is purchased by an LLC, the IRS may view that as a change in taxpayer unless the LLC is treated as a disregarded entity (like a single-member LLC or a two-member LLC owned by spouses in a community property state)Hope that helps!