Are there tax benefits to putting my personal residence in an LLC? Would it impact my ability to borrow against it?
This recording is from the live session held on March 14, 2017. Featured Topic: Velocity
Are there any limitations on when I can elect an LLC to be taxed in a given way? Are there any limitations on when and how many times I can change my LLC taxation elections?
I’m in VA, the other student is in MD, as is the properties. There may be equity sharing involved. How do I best structure a joint venture?
I sell around the country but do not maintain inventory. Do I need to charge sales tax?
How does my Kolbe score help me determine what business I should be in? Also, I would assume any partners I consider should have higher scores where mine are lower?
What travel expenses can be taken if I want to invest in Canada and are there different rules with a foreign investment?
We purchase a property in the name of our property management corporation. We then transfer the property to another LLC for holding and asset protection until we sell it.
While the most common instance of using personal funds for business expenses is during the formation phase, there are other times when you must use personal funds for business expenses.
The home office is one of the best types of deductions because it turns expenses you already have into deductible expenses. This means it is eliminating tax and that is the best type of tax planning.