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30 September 2020 | 13 replies
Since I will not take any of the profits out of the business (reinvest), are some owner/employee of an S-Corp taking a salary in the start-up years?
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26 November 2020 | 9 replies
For a 12-foot wide house, you are probably looking at less than 1000 square feet above grade and it will be tough to get 3 decent-sized bedrooms in that space.
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24 April 2021 | 19 replies
That Cleveland program, some other cities have as well but that would be tough to nationally implement, tough to get cities to enforce it if you’re not paying for their staff.
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7 October 2020 | 20 replies
@Dante’ Wray good luck on your journey as well.I am not qualified to give tax advice - I am an employee of a licensed management company and have no experience in self-managing any rentals, nor am I an accountant.There are many guides to self-management out there, including resources here on BiggerPockets, but there is not one formula or schedule for you to follow.
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1 October 2020 | 4 replies
Hey @Jason Wilson, you'll definitely have a tough time finding the best deals on the MLS.
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4 October 2020 | 52 replies
This could be a whole lot of nothing more than a personal vendetta by an ex-spouse/employee/more.
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2 October 2020 | 2 replies
Qualification involves being both self-employed and having no full time employees in any business you control.The Checkbook IRA LLC is also a great vehicle for diversifying retirement savings.The best thing to do is speak with a few professionals who offer checkbook control plans of both types and determine what the best fit for your situation both today and for the long term may be.
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3 October 2020 | 7 replies
@Daniel Rasmussen that's a tough one!
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11 October 2020 | 4 replies
Unfortunately, I took this employer to the Labor Board, a state agency, and they ruled in favor of the employer because the employer lied and said that I was given an employee handbook when I started where it stated their practice of ripping off employees, eerrr, I mean of not paying deals when someone leaves the company.
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7 October 2020 | 7 replies
It’s very tough to be helpful and answer big general questions because there is so much to talk about.