Hi Everyone,We are business owners (construction co) classified as S corp, 2 members -  paid with W2 income from the business.We deferred salary for 2024 to a Solo 401K. 

We are in East Central Illinois. 

We are seeing about 50/50 split of people holding as rentals vs selling. 

After all paperwork went to their attorney three days ago, they told us they couldn't fund to a partnership or an LLC, had to be a corporation. and yet ALL OUR  PAPERWORK  states we are an LLC. 

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

We are now at the point where we replace 3 driveways every year, starting with the worst ones. 

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

We are planning on purchasing an STR (probably condo) in the Treasure Island area of St Pete.  

Thanks, Jim Rice Hello Jim, We are located in Central Florida.