Half of which would be paid by the business.The S-corp state tax would depend upon state and what states that income is derived in.Personal Federal tax bill would be 3,910,646S-corp net profit would be excluding operating expenses 9,892,350Employment taxes: 7650The rates are progressive.C-corps are taxed at up to 35%https://www.biggerpockets.com/forums/12/topics/760...If you want to give me a call I can run through those estimates for you real quick.He may want to look into having a Chinese based corp.

It dawned on me thats exactly right if your goal is to live on rental income and your job is being a landlord and your going to derive your income from rentals.. then of course your reinvest in your business.. 

But I imagine if you kept it up with other enthusiastic folks, you'd derive the intended benefit of a positive cycle of encouragement.

The first derivative of jobless claims approaching zero is often a leading indicator of recovery;- Stocks have hit a 1-year high, indicating increased optimism.

I just read through this and not sure there is sufficient information to derive an approach.Concrete foundation - is it sitting on piles?

You base your opinions off assumptions without conducting any due diligence on specifics or facts of the deal.Instead you will post a reference based off your conclusions derived from your assumptions.Big Henry

With a for-profit REIA, the dues and income derived from national speakers do go to the owners of the REIA.

My ex was working in derivatives on Wall Street in 01-07.

Haha yeah you nailed it on the head, my guilt and fear is most likely derived from the idea of being poor.  

This is only natural, and there is valuable info that can be derived from their experiences, but in and of itself this info tends to do more harm than good, when simply benchmarking others.