Also, the web of entities that Glenn mentions is truthfully pointless.

If the owner employs a management company, then the management company is required to obtain the business license - not the property owner.according to the tab (Profits Tax) on the same page above, I should NOT file form RD-108 either to pay KCMO city earnings tax, because I am a passive investor, and not actively involved in the management of my property.The problem is that, I did submitted my business license application a few weeks ago (still in the process) before I checked the KCMO web side.

I don't gamble in the stock market.Isn't part of it, that you can create generational wealth by investing outside of a 401(k) into real estate and pass those houses down tax free to the next generation using the stepped up basis?

I haven't had time to really look into it.https://flippingmastery.com/web/fs-jv/?

My strong advice is to stay off the web when looking for a lender, Nicole.

We have a management LLC (owned by my wife) & I have an LLC for my web design, authoring and consulting business.

TWO EXIT STRATEGIES… proven strategies… or you’re not a professional investor… you’re just gambling with your family’s money.Almost ALL of the “ deals” I have been pitched in my region of Florida are built to assure that the wholesale gets rich… period. 

Embracing a full-speed-ahead approach, I've drafted a rough business plan and developed a Progressive Web App (PWA) calculator, a tool to help me evaluate properties, determine appropriate rent, and calculate tax deductions – it's all about being prepared!

I do not gamble on the SFH markets.

Account Closed, your forgot the folks with substance abuse problems and gambling addictions, and of course those who are really terrible landlords.