If you do a salary, which isn't a good idea, you'll have SE taxes, you will otherwise on draws from profits.

I am the true "General Contractor" not to be confused with project manager (I Manage the ENTIRE project to include actually having the ability to drive nails) not just take 10%-15% for "managing a project"If they decide to hold the property for rental I get 50% of the ARV minus all the expenses of course (including all expenses to get it to turn key).I never enter into partnerships when it comes to the rental per se.

My husband and I are in SE Florida and are thinking about selling our SFH to purchase a duplex in a very safe intercoastal community.

Most lenders don't actually have a loan minimum per se; they have a cost (usually around 50k) where the standard fees they need to make are too high a percentage of the loan amount.

i made 30k throughout the year, why is it when i put the full 30k on my schedule c i get a refund, and when i put 25k on schedule c and 5k as a distribution from my s corp i owe money, i thought distributions dont have SE tax?

Do you belong to the SE PA Dig Reia?

I dont have enough eyes and ears on the ground for the areas that you listed beacuse my main territory is SE.

I know you are in the NE but we have a grocery store chain called Publix in the SE that is thriving without self check outs in their stores.

The NE and SE part of Gainesville you'll find lower prices properties but also some bad areas.

In the situation I mentioned the fight started in the eviction court where it was kicked out by the JP for lack of jurisdiction since it was a fight over title and not possession per se.