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Updated almost 2 years ago on . Most recent reply

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Michael L.
  • Investor
51
Votes |
251
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I have questions about self managing?

Michael L.
  • Investor
Posted

Great afternoon BP fam🫡.1, When self managing, do you pay yourself a fee? 2, if you do pay yourself a fee, is it considered an expense (tax purposes)? 3, if you do pay yourself, do you have to set up an entity to legitimately receive that payment? I appreciate all feedback!

Most Popular Reply

User Stats

251
Posts
51
Votes
Michael L.
  • Investor
51
Votes |
251
Posts
Michael L.
  • Investor
Replied

@Cory j Thornton, thanks for all the insight. Believe it or not, everything you said gave me a better overstanding on how to approach my goals. As you stated, I'm goin keep digging in and expanding, even when I get to where I think I want to be! I appreciate you bossman🤜🏻🤛🏽!

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