@karltondennis: NEVER do this with your rentals properties! 🙅🏾‍♂️ #tax #businessowner #SmallBusiness #smallbusinessowner #entrepreneur #selfemployed #taxstrategy #taxadvice #taxes #taxexpert #richpeopletaxes #realestate #depreciation #karltondennis #investmentproperty #taxsavings #taxtok

Karlton Dennis
Karlton Dennis
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Region: US
Tuesday 17 October 2023 18:49:08 GMT
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user3509485659172
user35094856 :
how many properties should I keep under one LLC? or should I open a LLC for each property?
2023-10-19 07:17:00
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dimitrichristie
Dimitri Christie :
Terrific distinction, so necessary to be strategic when building your rental portfolio! Part of that is having the right knowledge/team 💪🏼
2023-10-17 19:57:52
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mauricegriefer
Moe The Payments Guy :
What about if your rental properties & other businesses are owned by a holding company, should that hold co also be in Llc or is it OK to use S Corp?
2023-10-17 19:35:45
2
all4inez
user1093890434714 :
You are an amazing example of someone generating wealth. Dude, listening to you has shown me that I’ve been doing business with my rental property.
2023-10-17 19:06:10
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laylalaylalayla
Layla🍀 :
Learned a lot from you. Thank You!!
2023-11-20 23:36:42
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brainstormceo
Maverick A. Young (Mav) :
Off shore trust is even better.
2023-10-30 22:43:33
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ideni01
Denis Velasquez :
So how to property structure on a rental home ?
2023-10-22 21:57:05
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thetaxsavvyrealtorfl
thetaxsavvyrealtorfl :
Preach! this goes for all investment properties.
2023-10-17 18:53:22
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sammie0023
Sammie :
Isn’t it best to keep just an LLC if you don’t want to be a Corp? We do Turro and I think just an LLC would be sufficient. Thoughts?
2023-10-22 17:51:13
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investorcam
InvestorCam :
LETS GO
2023-10-17 18:55:58
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cereal_milk_2100
? :
@Edward Collins thoughts?
2023-10-21 23:07:18
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user1406263871882
user1406263871882 :
Correct about not putting rentals in S-corps. However, You never pay SE tax on S-Corp income. That’s the whole point. You essentially pay 15.3% on the
2023-11-03 19:41:09
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taxman690
Boss :
The rental income in an s corp would not be subject to self employment taxes
2023-10-22 20:21:48
2
taxandwealth
Lorilyn Wilson :
This tells me you’ve never prepared an S-Corp that had rental properties in it - it’s not subject to SE tax, although still a horrible idea
2023-11-03 20:56:16
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