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

I'd love to understand best practices in these situations as I don't want to slow down on acquiring! 

would love to connect to see if i can be of any help on your journey

Hey all, I am writing this post for anyone who would be interested in setting up a time/location/zoom meeting for people to come together and cooperate on projects, questions, or anything they may need to, am open to ideas, feel free to reach out.

Hello, I'm closing on my first rooming house this coming week in NJ.

If the LLC is a single member, it is filed on your personal tax return.

I have flipped new homes and townhomes but phased out raising a family and now am focused on utilizing my skills which are building, selling, expanding a circle of influence to focus my effort on the above.

Reasons for off load: Contractors are spread thin and want to finish current projects before taking on the new ones!

The due date for 1065 returns is March 17th this year.Yes, you can deduct all property related expenses on the 1065 return. 

There have been so many studies on rent control it's ridiculous.