Tamarra Banks
Assignment fees and IRS- self employed,2nd income???
30 March 2011 | 7 replies
Tamarra, be sure to keep good records of your expenses, you can deduct these before you calculate your SE tax.
Ray Dixon
Does the 2% rule apply to ALL CASH DEALS??
27 March 2011 | 6 replies
I don't pay more for a car because I can borrow the money instead of paying cash.And the 2% rule is not a "rule," per se, it's a guideline.
Chris Vasquez
My first Courthouse experience...?
22 April 2011 | 4 replies
As you suspect, the bank doesn't actually "bid" per se.
Allen Gregory
Need Help with Turnkey Rental Properties
22 April 2011 | 5 replies
I wasn't really trying to strike up a deal per se.
Nick J.
Some More Useless Math?
22 April 2011 | 15 replies
Section 20 nw 1/4, sw 1/4, se 1/4; Section 21 ne 1/4, ne 1/4, ne 1/4, ne 1/4How many square feet did you just buy?
Ashley C.
Audits and taxes for LLCs choosing s-corp election
31 May 2011 | 10 replies
That is not reasonable.As far as rentals go, you won't pay SE tax on that income.And believe it or not S corps are one of the less audited returns.
Kyle Fasano
LLC or Corp???
1 March 2012 | 17 replies
Is this due to the SE taxes, or is there another reason I am unaware of...also you can switch legal entities from an LLC to an S-Corp by making that election with the IRS?
Tim Anderson
HVAC question
9 June 2011 | 7 replies
Thanks very much in advance for any input.Btw, if anyone knows a good HVAC guy in NW Ohio/SE Michigan, let me know!
Tyler S.
LLC
14 June 2011 | 4 replies
Seems like you have an ordinary trade or business, so I would go the S-corp route so you can save on SE tax.
Rich Weese
Taxes, taxes, taxes-raise or lower?
26 June 2011 | 26 replies
I am not against Income Tax, per se, but I am against the current Income Tax Structure.