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24 April 2024 | 18 replies
I am very familiar with the SE markets and can help you find the right turnkey company.
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23 April 2024 | 10 replies
If investment - proceed to Step 2.Step 2: since it's an investment, it's a capital gain, no SE tax, and 1031 is available.
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23 April 2024 | 16 replies
So the options are: You are a GC and are self managing, you are hiring a GC to manage, You are self managing and hiring your own subs, you are managing and actually performing the work.2) As far as municipal inspections go, you always need to pull a general work permit per se if you are going to be demoing and then doing an interior finish.
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21 April 2024 | 16 replies
There is a Facebook group that is nationwide and a SE Wisconsin Rentals group that you may be able to find some Milwaukee MTR recommendations in.
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20 April 2024 | 2 replies
Jerome Daly, an attorney and defendant in this case, had handled his defense pro se against First National Bank, the plaintiff.
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21 April 2024 | 240 replies
Which is good for a property I own without ever seing it...
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17 April 2024 | 13 replies
@Joseph Hammel,With Solo 401k there are two way to contribute: elective deferrals (which is $20,500 for this year) + profit sharing of potentially another $40K, but it is not a match but rather based on the percentage of your net SE income.
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16 April 2024 | 12 replies
.- rentals do not go under an S-corp, which is why a separate PM company was suggested- S-corp technique on reducing SE tax is both tricky and costly, and you cannot set up your salary arbitrarily- you can only base your 401k on the part that IS subject to SE tax- you usually cannot generate enough "earned income" from this 2-companies setup to make it worthwhile for 401kSee, it is not simple.
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15 April 2024 | 19 replies
@Steve Vaughan I think the magic number for SE tax threshold is $400, not $600. $600 is the threshold for 1099-Misc.
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15 April 2024 | 7 replies
At least, that is what I did when I lived in SE Asia and rented a few spots.