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re: TOS: Being a landlord
Posted on 6/13/15 at 11:28 pm to Dawgman77
Posted on 6/13/15 at 11:28 pm to Dawgman77
Dawg man...good point. We're not involved with a lot so our LLC is a pass through as far as taxes. Profits or losses get passed through to our personal taxes so our marginal rates apply. I can't remember the reasoning but establishing a corp didn't make any sense based on what we are doing.
1
Posted on 6/15/15 at 2:26 pm to SquatchDawg
Ive walked the property and been inside all of the units. Financing is possible, but its certainly more work than a traditional mortgage.
Discussions will get heavy in the next day or two. If we plan to move ill go back to the property with some smsrt folks by my side.
Discussions will get heavy in the next day or two. If we plan to move ill go back to the property with some smsrt folks by my side.
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