In your case, the IRS makes you pay estimated tax on your profit distributions, particularly if your S Corporation is fairly profitable and you're taking out healthy profit draws. f you can show the IRS that you've paid most or all of your previous year's taxes within that same tax year, you will stand a very good chance of avoiding estimated tax payments entirely.

It is not rocket science or all that difficult.

Are most stove and dryers 220v still or all they now 110v?

Meaning that the answer may differ between states.The true lawyer answer is: It depends.Typically, if there is a mortgage on a property, then it is Nonrecourse debt which means that the lender can take the property in FULL satisfaction of the debt.Again, typically, if an LLC takes out a mortgage, then the bank usually has a member or all members sign a personal guarantee on the note as well.

(This means that if they do find a buyer in the future, then you have a right to match the offer and buy the building.)Negatives for you:Price may be higher in the future.You may not be able to buy that building in the future.Positives for owners:The owners will have a building worth more because it is performing.The owners will be making money monthly, instead of losing it.Negatives for owners:They lose the chance to matket for owner users.They may not want to deal with negotiating and managing a lease.Option 2:See if the owners will finance some or all of the sale to you.Positives for you:You get the building now.Negatives for you:It will likely be more expensive than a bank loan.

The rules and regulations regarding individual organizations exemptions from paying any or all of these bills is up to the state or other local taxing authority.

If you could answer some or all of those questions, that would be great.

When you set out to buy-fix-and-hold a property you are taking everything on yourself from finding the right property, in the right area, assembling your team to renovate it, putting up most (or all) of the cash to do so, and that assumes you have the experience and time required to invest in the project.You might end up with a lower cost basis in the end, assuming everything goes well, but you take on all the risk to try and get there.

If you can predict any or all of these then you are a guru.

I don't want to just advertise I have properties for sale just to get contacts when I don't have any just yet.Any response or insight on any or all of the above would be Most Appreciated.Thanks.