Not all investment income is flip income.Investment income is just that income derived from investment.

Did you know that you can invest using your IRA money without taking a distributions and paying all the taxes and penalties?

I don't know  a lot about the Crisis Center other then they help people who have problems by distributing checks to pay their bills out of whatever income they have (employment, SSI, etc) every month.

I’m not saying small multi’s don’t make sense in other areas, and I’ll readily admit that a lot of my criticisms are derived from my own, personal values/priorities that may be different from others.

If you elect to have your LLC taxed as another type of entity, the taxes will accounted for exactly like that other entity.Most likely, you will be on the hook for FICA tax on any income, so make sure you are set up to withhold and pay taxes on any salary or dividend distributions you may make.

Thus being great PR vehicle for RE Investors while allowing us to have first access to value added properties.It is my understanding that there is no rule about a NFP making money - it just does not distribute profits in the same way.Thoughts?

Economy is built on transportation and distribution and is built around the 2nd largest cargo airport in the world.

The $12k is withheld from the seller's proceeds, then distributed to you to pay your contractor, after repairs are complete and inspected by the lender.

Personal tax total: 250,000 Total tax on dividend/ distribution = $563,841.

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