Good day BPI recently purchased a 4 unit property in SE Wisconsin ( Kenosha ) prior to closing I asked the previous owner to provide the lease agreements and I tried to get them to submit an estoppel agreement but they wouldn't because it wasn't a "legal" document.  

The FHA 4-plex would not be an "investment" per se...my plan is to live in 1 of the units for 5 years.

The benefit of the S corporation is being able to ALSO take distributions that aren't subject to SE tax.

Hi Jack Se I'm an agent at one of the top producing MF brokerages in the state and can help you out with your numbers.

It will probably sell in the $3.50-3.85/sq ft range.CONS:- the location is not a bad neighborhood per se, but it is a solidly industrial neighborhood.

If you and your wife ran a sole member LLC which earned income that needed to be reported on Schedule C, then you can each file your own Schedule C for the LLC in order to properly split your SE tax between your Social Security accounts.

Do you not invest in SE Michigan?

.: https://www.irs.gov/businesses/small-businesses-se...and you can get an llc formation book/ binder ( usually i get the 1st one - #6) here: https://www.mburrkeim.com/outfits/compact.htm

., and do not, per se, offer medical services except for when the appropriate licensed folks come to the home.

Within that circle I have stuff in midtown/montrose, downtown, 3rd ward, 5th ward, and SE inner loop.