Congratulations on Med School, don't screw with your residency - it is too important.  

Good morning. I would like to rent rooms to Medical students in Pembroke Pines area. Is there a website where I can post pictures and my info?  Thank you 

Good morning. I would like to rent rooms to Medical students in Pembroke Pines area. Is there a website where I can post pictures and my info?  Thank you 

For a”flip”, cap gains do not apply....it’s ordinary earned income tax along with self employment ss/med(15.3%).

The downsides of a single large building are that it's less liquid and more vulnerable to sudden market changes.That said, I would still go the small-med multifamily every time.

There’s generally no tax advantage to an llc....there can be if you do a few flips in the same year, have the llc taxed as an Scorp so you can take a salary with rest not being subject to as/med, talk to a cpa, but that’s about it.

The goal here is to have part of the part of the profit taken as a “reasonable” salary (with as/med taxes) so the remainder of the profit is Not subject to ss/med taxes, just income tax.

Thus no SS/Med saving 7.5 or 15% on income. 

Hi Everyone, I'm Lisha and I'm a 4th year med student originally from Florida who wants to start investing in real estate.

My physician uncle, an immigrant who moved to the KY 30 years ago, complains how his med interns/students are leaving KY to go to other parts of the country where there will make less money.