He invited me to have intercourse with my self and walked off.

. :)I'm happy to tell the whole story once I receive the official letter from the IRS (a couple weeks), but long story short, I moved a large chunk of my retirement funds into a self-directed product offered by a relatively large financial company.

gkgkgjk

my partner and i have been talking to a cpa and he told us to start up an s-corp to avoid self employment tax which is at about 15% in minnesota. according to him we would 1) incorporate our business 2) file with secretary of state 3) get fed and state id #s 4) file sub s status 5) open bank account 6) buy quickbooks. is this what we should be doing instead of having an llc with my partner?

I like Florida because I have a self storage facility there where the occupancy improves when houses are selling.

The only expense would've been taking a little bit longer to become self-sufficient, but I certainly would suggest that to all the young investor starting out now.I feel that I have done everything I can to be prepared financially for the ups and downs in the economy and if you research previous posts and threads that I have entered into you will understand my thought process and hopefully the methods to my madness!

I'll be talking with her again and maybe things will change.Jake, lol, that post actually gave me more confidence.

For self managed property, our tenants can pay at WalMart for $0.88, and we'll pick up the $0.88 fee.

If they are using a Roth IRA they can't self-direct their funds WITH checkbook control with a solo K the best provider I have found is UDirect.

Thanks Danny,What you just said, really build my confidence to finance with FHA.