Rental Safe Harbor Rule:Notice 2019-07, Section 199A
The 199A rules for the 20% deduction on rental real estate activities was ambiguous, but Notice 2019-07 now provides some ray of light in the form of a key safe harbor rule.
Featured on American Dream TV show-FIRPTA Discussion
Take a look at my segment discussing FIRPTA issues.
How many properties should you hold in one LLC or LLP?
There is no correct answer here. This is all about your personal tolerance for risk.
However, the purpose of an LLC/LLP structure is asset protection. The overall strategy should be to segregate assets. Therefore, if you have all of your properties held in just a single LLC/LLP entity and you are sued, all of the properties […]