So whichever way the law allows is the correct way.

With this in mind, if you intend to leverage short-term debt (hard money), it's even more vital that your underwriting is thorough and that you have the correct systems in place to tackle potential issues.

Your specific variable expense assumptions are wrong, BUT you stumbled into them being correct overall.Also, you are approaching this correctly - entering in the numbers to generate a purchase price that meets your metrics:)

So correct me where I am wrong. 

You are 100% correct in your assumption.

They lower taxable income for federal taxes but not for FICA.However, employer contributions made by the S-Corp are not subject to FICA and count as a business expense.Make sure your W-2 correctly reports wages, deferrals, and FICA wages.

The short answer is, Pricelabs users don't fully trust Pricelabs to set the correct rates.

It’s absurd to pay someone who fails at thier job to correct thier problem.

Whether rates drop soon or remain elevated, timing the market correctly can be the key to securing profitable deals.For those waiting on rate relief, now is the time to identify opportunities before competition increases.

But the cost of maintaining and filing an entity correctly is much higher and also needs to be considered.