Real estate question: If the owners of a small business want to use company earnings to purchase an investment property in FL, what is the best way to structure the transaction to reduce the tax burden on the company owners, assuming they want to hold the investment property in a separate legal entity?

like
Posting as :
works at
You are currently posting as works at

Spend more than 750 hours a year in the real estate portion of the business so you’re considered a real estate professional for tax purposes. Get a cost segregation. Accelerate depreciation of the property to offset all earnings from this year from rental income as well as the business. (or a portion of the depreciation is significant)

like

how much is the property worth?

Approximately $500K

Related Posts

Is there an investment fund or group that anyone knows of? I heard of Fundraiser but it seems very convoluted. Looking for an investment group or development group to invest with

like

Those planning FIRE who have 2+ kids. Do you plan on funding their entire college education public or private? Grad school? How does that factor into your financial planning?

like

Slowly reflecting my way through Zaretta Hammond’s book and wanted to see what you all thought about the listed “trust generators.” Anything missing? What do you prioritize?

Post Photo
like

I recently signed up for a 0% interest (for 15 months) credit card to help with paying off credit card debt. I’m happy with the decision. However, I’m uncertain about the best way to use my upcoming..

like

Can you explain why you would stake OHM? Seems like you are just buying SHOM by staking (which has actually lost value when it was supposed to be making crazy 8K% APYs). Number of coins doesn’t grow, just their value. What am I missing?

like

Do you use a roth or traditional 401(k)?

like

In your opinion - What type of property is the easiest to sell?

like

Anybody know what's up with QS?
Good to buy the dip? They down 40%

like

Tax Loss Harvesting worth it - if the future cap gains exceed what you may save now? Torn between adding more vs harvesting (gains on individual stocks/etfs are minimal to none this year) lol

like
like

Is it safe to buy new home now with high interest rates ,high home prices and recession in near future?

likefunny

Hello fishes, will be really insightful to understand cost of living in Doha for a single person. Rent + food and other expenses manageable at 8-10k QAR/ month?

like

When my portfolio was going nuts 🚀💰 made over $100k profit last year and on same process this year.

Post Photo
like

Any entrepreneurs here had angel investors actually invest in your company? If so, how did you find them and how did it go?

like

What credit cards do you hold and which one do you recommend?

Is it wise decision to invest more than 3% in PPP. Now a days cgi share price is growing rapidly.

Any thought on individual contribution(more than 3%)

# CGI

like

What's wrong with SAP stock prices ? It's downfall is from last 5 years!

likesmart

what upgrades are worth buying on townhouse or SF home. planning to live there for 4-5 yrs and later move into bigger house. will rent or sale this property at that time. house is in MD.

I'd like to buy, but the market is absolutely atrocious currently

like

I've been allocating 100% of my Roth IRA funds to Vanguards target retirement fund 20XX. Should I keep doing this or do I need to start getting into VTI/VOO/VTSAX as everyone in this bowl is so fond of?

like

More Posts

What all things are there in CitiusTech pre-joing kit?

like
likehelpful

Can I get 11 likes to start DM?

like

My wife is in sales at Mercedes and she has been averaging $200k a year and growing YoY. She loves her job, however she works long days and barely gets time off. We plan on having kids within the next year or two, and it’s highly u likely that she’ll be able to keep her current gig. We want to find a career that allows her to work remote or that at least gives her a better work life balance so that she can see her kids grow up. Should she get certifications to give her a shot at adtech?Too late?

like

What future trends do you see in the payments industry that would drive digital enablement and provide a unified payments experience to merchants and customers?

POV: Product Development Strategy, Fintech

like

I have an interview for a sr assoc PM role at Cap1. What are some things I should expect and how should I prepare?

like

Total comp over 200k. What do you do and where do you work?

Looking to make a jump in careers to another outside sales role and looking for 200k+ all in.

like

Hi everyone!
Does anyone know how much is the start-up salary range out of college for forensics/criminalist in California? And where to apply?

like

Maybe this sounds privileged.. or plain dumb... I just got back from a really fun vacation and I’m sad! Guess i got the “back to real life” blues. How do I get back to my happy self!??

like

Hi Fishies, Im a application support engineer with 7 years of experience. Java and dotnet, sql application. Please refer me for opening with immediate joiner

like

Currently having 12.36lacs CTC, YOE 8, Business analyst skill, other skills power Bi, SQl, SAP Hana, before 1st round informed recruiter expected CTC as 20lacs not aware BOnus included in IQVIA.

Now that i have submitted all the docs, waiting for HR discussion. My expectation is now 25lacs fixed. Can i say this now to HR when they call?

Ps no idea about grade. What is the scope for negotiation?

Hi, Can anyone tell me what will be the onboarding process in iqvia ? Do I have to visit office? Or virtual onboarding can be done ?

Can we do 3-4 days WFH from outside India? Any legal/HR compliance? Anyone did that?
Thinking to do from Bali.

I Currently work for an MNC in Kerala, I've 4.4 years of experience in software development. Currently leading a team of 6 developers. Recently I got an offer from Rakuten India, Bengaluru location. As Senior Software Engineer 1, Rakuten offered 13.5L as CTC + 1.4L as joining bonus. My current CTC is 7.2LPA. As per my research on the salary for this role at Rakuten, the offered one is low. 48days of notice period is left What i can expect from Rakuten India for this role?,How can i negotiate?

like

Guys EY Mandatory learning course answer key anyone.!!??
If someone will provide genuine and positive answer, I can tell course name in comment.

like

Hi guys, yoe: 18; tech: Java j2ee cloud tech leadership..looking for Director level roles in Hyderabad in product companies. Cctc:55Lpa; What's ideal ctc to look for?

like

Tired- Bitcoin Lambos. Wired- Bitcoin Teslas

like
like

I’m thinking of possibly applying to underwriting positions at liberty mutual. Currently talking with recruiters, but does anyone have a referral?

like

Hi! I can provide global referrals for Accenture and Accenture Federal Services. If you’re interested then please DM me. I will need a job requisition ID and resume. I can also refer you if you’ve already recently applied to a role.

like

Additional Posts in Real Estate - Law

Best in house counsel gig for a real estate attorney? 4 toe

like

I want to get into Real Estate Law - as a NY attorney I know it should be relatively easy to get my real estate brokers license and I’m also considering a 1 year LLM in Real estate law, is the LLM worth it or should I just continue applying to real estate attorney jobs?

like

Any insight on Tannenbaum Helpern Syracuse CRE department?

like

How long is the recording delay in your jurisdiction?

like

Any real estate attorneys interested in exploring new opportunities?

like

Looking for a bit of insight on how commission or bonus is structured on flat rate residential real estate at Canadian law firms. I was offered a good base salary and I was asked what type of structure I was looking for. I am uncertain as to what is considered standard or what to look for in terms of bonus/commission structure. Any insight is appreciated!

like

Looking to work at a title company? Do they pay well and how prestigious is it? Are there any that are “better” than others?

like

Any advice on shifting from association law to commercial real estate in FL?

I've been applying to jobs for months but every position wants at least 2yrs of experience in real estate transactions, usually way more. I'm at 1yr+ doing HOA/condo work but have had no opportunity to do real estate transactions like I expected. Seems like the only way to get the experience is to have nailed a big law gig right out of school and get put into that practice.

Conflicts checks question: thinking about making a move from small(ish) firm to a larger one. How detailed will a conflicts list need to be? Haven’t switched jobs since law school, so at a little bit of a loss about the whole process!

like

When settling with a title company plaintiff on a subrogation claim, have any foreclosure defense counsel received settlements over and above policy limits? What is your typical settlement range? How has settling on your subrogation claim negatively affected your counterclaims against the mortgage lender if at all?

like

Over a year ago, I lateraled from a firm doing mostly land use/development to a volume lender debt finance practice. By volume I mean I’m on 15+ deals a day. I don’t think this is for me….anyone have any other CRE practices that they enjoy? I’m thinking about jumping back to a borrower side practice, but curious to hear about other CRE associate experiences. Thanks!

like

Real estate help: Boyfriend and girlfriend buy a home together with a loan from bank. Boyfriend and girlfriend are now separated and both agree that girlfriend will live somewhere else. Both agree that they would like to take girlfriend off the deed but also off the hook with lender bank. What would you do in this situation as attorney for girlfriend?

like

Any good books to help get you up to speed on real estate finance matters?

like

Graduating in May and starting at a boutique commercial real estate firm mostly representing lenders. Is there any material I can start reading to help me get up to speed?

like

Are paralegals supposed to be the ones handling title/survey/zoning?

like

Is there a specific law that allows landlords to put a restriction on the number of days am overnight guest can stay? I have been researching for hours and can't find any case law or statue. Help! (In Texas)

like

Pro se plaintiff, an attorney, filed a complaint alleging mold defects after closing on a property. Client, layperson, may have agreed orally to a settlement amount without proof of damages prior to filing appearance and obtaining an attorney. Client filed appearance pro se, then plaintiff sent over a draft settlement agreement few weeks later which client didn’t sign. Client then got an attorney, filed answer, etc. Can this oral agreement be voided for coercion, indefinite mat’l term, etc?

like

Has anyone ever heard of this type of real estate private equity fund structure:

-One LLC, so only one PPM
-Multiple investors that can be onboarded anytime
-Multiple investments that investors can determine whether or not they want to invest in
-One K-1 per investor based on their investments and income
-Ability for the Sponsor/Fund to invest directly, indirectly and in equity, debt, Pref, etc.
To me this seems extremely cumbersome and would require multiple classes of (cont’d)

Title company just gave me a commitment with 72 B2 exceptions and the first one (after standard) is an unrecorded lease from 1862. Send help.

likefunny

If a lien was placed in one persons name on a property held in joint tenancy with survivorship and the party who’s name was on the lien (one of the joint tenants) dies what is the status of the lien?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal