Meaning the most expensive taxes you pay first (ordinary income, capital gains, nontaxable income, corpus).

When you achieve income, you can then pay yourself from the S-Corp using the 1:2 salary / dividend split to minimize your self-employment tax liability while still showing an income to prospective lenders for personal credit.Hope this helps ......and, for what it's worth, my investing group's tax and legal expert's law firm has an entire department with a sign on their wall which reads, "We Fix LegalZoom Entities".

Many real estate LLCs that buy and hold property elect to be taxed as an S-Corp (use IRS form 2553), so that way the bulk of the profits can be paid as salary and you can avoid self-employment tax (up to a certain amount).Again, don't take my word for it...consult a tax professional before you do anything...J Scott

For instance Brandon Turner did an amazing webinar the other day and live analyzed a deal in corpus christi texas that seemed to be a "BUY".

@Jason Guinard I like to keep if very short and sweet and just sayhello Mr.smithOur names are sean and christie and we were driving in your neighborhood the other day  and saw your home and 123 main st. and were hoping you would interested in selling.

@Christi Hawkins I see value in it, the layout is like Zillow for commercial/MF.

 @Angelica Aurea:Have you considered Corpus Christi?

Abraham Lincoln suspended habeus corpus and deported his political opponents and he's lauded as a hero.

@Christie Disinger realeflow is nice, you can also get leads from there and you can use it as crm.

BP folks out there, who is investing in Corpus Christi or Kingsville, Texas?