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29 July 2015 | 1 reply
If the S-Corp has frequent and significant passive income, such as capital gains or rental income, the S-Corp status can be revoked by the IRS and you become subject to all the C-Corp regulations as above.I'd own the properties as yourself - no sole proprietorship required, because it will be on a Schedule E, not a schedule C.
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31 July 2015 | 9 replies
Someone takes a look, I tell them it will be going up on the rental sites in X days, but if they are interested provide their e-mail address and I will forward them an application, which I do through SmartMove.
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30 July 2015 | 7 replies
I took three years after High School to trade stocks with my father with no raging success or failure, just b/e.
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30 July 2015 | 13 replies
My inclination is to write it just like the lease names the Tenant, "Payable to: John and Jane Doe" and let them figure it out.I've e-mailed my attorney (asking him all these questions is getting ridiculously expensive), but was wondering what other landlords have done in this situation.
30 July 2015 | 2 replies
H e supposed to give you money...............hahahahaha.
7 August 2015 | 7 replies
Account ClosedThis is what I do: I have it in my contract and always follow up verbally or by e-mail to let them know what our expectations are.
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31 July 2015 | 1 reply
Lately, when I receive a BP e-mail and attempt to read an article, a blue banner appears at the bottom of the article asking me to Join Bigger Pockets.
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31 July 2015 | 0 replies
For anyone following this forum - the monthly Wichita REIA meeting will be tomorrow 11Am In a private office near downtown - 417 E Gilbert
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4 August 2015 | 26 replies
@Chris E. in this case the yard is mostly dirt, and there isn't much of it.