Lily Lee
Tax for hiring kids to help rental
7 April 2020 | 4 replies
You mentioned 1099s not appropriate, should I do monthly payroll for them and end of year W2?
AJ Sekhon
PPP Multifamily ineligibility
15 June 2020 | 11 replies
Basically if you pay payroll taxes on the person you can get the PPP.
Nat C.
The IRS is closed. What to do?
10 April 2020 | 2 replies
He doesn’t have his own business, so working with him as a contractor isn’t an option.I never received my EIN in the mail.I have since called the IRS and reach a recorded message saying they’re basically shut down currently.I obviously can’t register for EFTPS or remit payroll taxes without the EIN.
Paul Sandhu
Anyone get a side gig because of this crisis?
16 April 2020 | 21 replies
One of those who bailed ran hiring/firing & payroll so maybe he laid them off & then did it to himself ???
Aiyman Khan
How to practically make a distribution in an S corp
11 April 2020 | 4 replies
The former is W-2 income subject to all applicable payroll taxes.
Jonathan New
COVID-19 affects on capital raising
13 April 2020 | 14 replies
So far no issues.I work with people all over the country and what I am hearing from them is their less sophisticated investors are pulling back and the more sophisticated investors are full steam ahead.The issue I see right now is it’s a bit too early.
Anton Ivanov
List of COVID-19 Resources & Relief Programs for Investors
27 April 2020 | 9 replies
These loans are designed to help businesses pay their payroll, rent, mortgage, utility and other operating expenses.The current understanding is that these loans are available to most real estate businesses, contractors and self-employed professionals, including brokerages, agents, wholesalers, appraisers, property managers and inspectors.
Jack Amaral
1 Deal Per Day Feedback.
18 April 2020 | 9 replies
.: payroll, taxes, insurance, maintenance).For rents, you need to determine if there is a difference between current rents and market rents.
Michael Plaks
PPP rules for partnerships reversed on April 14
1 May 2020 | 22 replies
So how should a self employed have applied and how should have they provided their payroll especially since they don't usually use a formal payroll system?
Jordan Meyer
Have any investors had success with the PPP (Payroll Protection?)
18 April 2020 | 5 replies
I heard it's 100% forgiven if at lease 75% of the loan you receive goes directly towards payroll.