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9 February 2016 | 3 replies
For flips, wholesaling, birddogging income, you can use an LLC that is "s-elected" (something that tells the IRS to tax the LLC like an S-corp).
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4 April 2019 | 7 replies
Yes, S Corp Owens will have w2 income and S-Corp will fund the employer portion of the solo 401k based on compensation to sole owner/shareholder , and owner/employee will make elective deferral with the W-2 income: Schedule C or partner in a business will not have W-2 income.
29 January 2022 | 71 replies
If we want gov't leaders to think past their next election campaign and on the bigger picture then we need to restructure term limits.
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1 July 2021 | 6 replies
Nothing like now, the last president made jobs!
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27 September 2021 | 17 replies
Hi Michael,I think the Arizona Bay theory (Bill Hicks, Tool, etc...) says Arizona will be Ocean front property and California will slide into the sea.Ex President Obama just bought a house directly on the ocean front--he's not worried.Banks are still lending on oceanfront property and properties in all of the so-called danger zones--and they don't seem to be worried.If owning something in a particular area worries you, then buy in an area where you have no worries.Good Luck!
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1 January 2022 | 53 replies
The text you posted says Freddie may elect to accept either the gain or the 10K and would accept the lesser if it determines you acted in good faith.
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6 January 2022 | 6 replies
War in Ukraine, War in Taiwan, War in North Korea, Covid-25, serious change in election results, China economy collapse, maybe a change or advancement in AI that wipes out IT middle/senior managers or some other industry like health care.
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15 October 2022 | 10 replies
Paragraph three explicitly states earnest money shall be returned if the Buyer elects to cancel the contract due to undisclosed defects.Here is a video from the Indiana Association of REALTORS® explaining the "As-Is" addendum.https://www.youtube.com/watch?...
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17 October 2022 | 82 replies
On the same subject, money collected to fund this program shouldn't be robbed with IOUs from every president and Congress since Reagan. 3.