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.

Initially, we thought this would be enough to get us through until I found a new job.However, things took a turn today.

I understand that a fideicomiso is needed if we are wanting to own a property by a beach (which we would).

You'll likely also reduce your cost of living by moving to a stabilized apartment.Depending on the cashflow and debt paydown, you can use this strategy until you've built enough equity to reinvest.On the other hand, getting into a multi-family after refinancing will also help you build substantial equity to rinse and repeat in the coming years.

And we all know how that domestic violence turned out OJ was innocent bro.

If they will "cut corners" by not getting licensed, how well will the quality of work be?

One of my early properties barely broke even, but after a couple of years, rent hikes and expense optimization turned it into a strong performer.For cash flow benchmarks, I usually aim for $200-$300 per unit, but your situation.. house hacking.. offers unique benefits like reduced living expenses and quicker equity buildup.

As owner can I propose in another states sold by owner?

Turning the management of the rental over to a property manager can relive a lot of these issues.

Our goal is to establish a structure where the property owner can secure financing based on the long-term lease with the operational company.Any advice or insights from those who have navigated similar situations would be greatly appreciated!