FHA loans are designed for primary residences and require the borrower to be an individual, not a business entity.

The policy was $2200/year ($1.1M Bldg coverage and $1M Business liability coverage in this apartment LLC) and I haven't had a single claim in my past 5 year history.

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.

It wasn’t an easy path—in 2014, I even filed for bankruptcy while trying to launch a business.

Almost any business you look at has its own gurus and scammers.

These associations often provide networking opportunities, legal guidance, and best practices to enhance your rental business.

For those who are running successful Section 8 businesses out-of-state, did you start in just 1 state or if the opportunity made sense would you purchase the property regardless of the state?

I have noticed competitors charge as low as 10 to 15% but their quality isn't the best and then I have seen others charge 25 to 30% We remain in the middle and provide a small business experience with super host status.

It has a Walmart, Lowe’s, Home Depot, Applebees, and a 99 Restaurant which is a New England chain as well as tons of other businesses and restaurants.

Then find a CPA who can help you set up and manage your business and advise you on the best business structure.