
20 May 2024 | 28 replies
I can't say I fully understand, but I certainly get the main point: Transferring the asset out of the S-corp will be a (capital) gain triggering event.I think (because I don't remember exactly) that in 2017 I changed the election of the corp from C to S in order avoid double taxation in the case of selling the property.

17 May 2024 | 8 replies
Make all your mistakes in the kiddie pool if you know what I mean and you can still make 75k - 100k net doing one deal per quarter.

15 May 2024 | 0 replies
This would give you more loan options other than just FHA when you execute the purchase optionOption 3: 4% payment for the option to purchase with the option spread out quarterly with the first payment due with the second months rent.

16 May 2024 | 24 replies
Bottomline was a 2022 tax savings (refund) and 2023 quarterly adjustments equaling over $13,000 that we were not expecting.
14 May 2024 | 22 replies
However, liability issues came up about a Canadian owning US property outside of an LLC , but also the heavy taxation of an LLC for a Canadian.

15 May 2024 | 21 replies
The way I look at it, the main differences being risk and taxation.

16 May 2024 | 158 replies
Plus there is an additional $2,500 per year for quarterly strategy meetings, $1,997 for roadmap, and the retainer for personal return is $1,000 and for business return is $1,500, those numbers can climb higher even.

13 May 2024 | 8 replies
Yardi tracks vacancy and asking rents at each property over 50 units on a monthly, quarterly and annual basis.

13 May 2024 | 38 replies
There are companies that make additional guards for the machines as well.My Laundromats are all coin and I'm converting some machines to Quarter/$1 Coin/$1 Token.

13 May 2024 | 2 replies
You can write your own operating procedures and do quarterly and annual meetings between you and your partner, but it's not as complicated as it sounds.