With that said, I am in the position where I will not need a monthly income from my rentals.

Hey everyone,I’m both a Private Money Lender (PML) and a real estate investor, and I’ve been seeing a lot of questionable "lenders" popping up online.

You can contribute up to $69,000 combined as an employer and employee depending on your income.

And since the S-Corp’s profits pass through to you, you’d still pay personal income tax on the rental income.

I was reading online that it was 2.3%.

We all have a common reason for being in the room or on the online call. 

Do you mind me asking how much you would need to replace your income?

How do I calculate interest income, what are a few tenant charges (income), and expense reimbursements.

As you mentioned intentional flips are typically considered inventory-This means the income is ordinary income and as such: - Is not a capital gain, so hold time of 1 year does not change to a better long-term capital gain rate - Can not be invested in a QOF Deductions related to it can't be pushed or changed- all costs are accounted for with the inventory component 

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.