For those managing active income streams—like wholesaling, flipping, or even running a real estate business—filing as an S-Corp can significantly reduce self-employment taxes.

I honestly wouldn't even trust anything QB is telling you when it comes to taxes.You're in a partnership, which acts like a conduit to pass through the income/loss of the activity to the individual owners.

Don't try to build a buyer's list with no experience and no active under contract.

I'm an active-duty military (retiring soon).

So here is what I do:1 - Get buyer criteria for what they are looking for (exact criteria)2 - Go source that criteria using data provider3 - Scrub the list and plan a marketing campaign around it (i.e) > Direct Mail > Cold Call > SMS > Online Ads > Social Media, etc4 - Once I get inbound leads coming in.

Here’s why and what alternatives might exist:Real Estate Syndication or Fund: Invest in funds that generate passive rental income, which can offset Schedule E losses.Real Estate Professional (REPS): Qualify for REPS to reclassify rental losses as non-passive, allowing them to offset active income.This post does not create a CPA-Client relationship.

Hello! My name is Jared Smith and I have been involved in various real estate investments since 2006 when we did our first flip in the PNW all on a CC! (not recommended). In 2017 we started our journey with long-term ...

Hi everyone,I follow Pace Morby and a couple of other creative finance masters on social media.

Focus on connecting with investors, flippers, and landlords who are actively buying.

What actions and/or credentials make a landlord an active property manager to deem rental income/loss active in CA?