Congress must equally abide by all laws they impose on the American people. 7.

Short answer: All things being equal, for flips or rehabs (which generate ordinary income) you would most likely choose the S-Corp election.

(I will be seeking an attorneys advice as well) But before I do that, I want to get an idea of how others are setting up their biz entity.I have a business partner and we will be equal partners.

This whole process can be two years long, and that's another major issue.Of course, all of this completely disregards monetary policy, which is equally important, if not moreso given the power of the Fed today and the relative gridlock thanks to partisan politics and general idiocy within the legislature.I would say that it's just my two cents, but I wrote enough to say about $12 trillion worth.

I understand assessed value does not equal market value.

That site must be equal to Zillow for real estate!

no issues/maintance equals alot less time.

I will be "rich" when my passive income equals this amount.

**You can still have your product fly off the shelf, but your product has to be of a higher quality at an equal or lower price than the competition**

Again, show me an equal amount of time when rates were lowered and this didn't happen, or when raising rates created less unemployment and more tax revenue, and I'll certainly re-think.