Mike Buttimer
Bringing Something to the Table as a Partner
14 April 2019 | 1 reply
He will likely be challenged to take on more of a development role on the next project(s).
Michael Kambic
Creating an entity to contribute to a 401(k)
17 April 2019 | 6 replies
Making S-corp. election would be different story, actually it could reduce your tax liability since you won't have to pay SE tax on the entire earnings but only on reasonable salary corp. will pay to you.Contributions to 401K can only be made with earned income, so if there is no income - you won't be able to contribute.
Erik Pilon
Are accountants necessary?
17 April 2019 | 9 replies
I at one time had active businesses, via S Corps, C Corps and LLC's though I never placed my rentals in an LLC.
Brad Warshaw
What Happens when Plaintive Wins HOA Lien Auction?
15 April 2019 | 2 replies
In some states, if an HOA wins a foreclosure auction, they win it subject to the mortgage lien(s).
Jonathan Bolano
What happens to your transaction if you cannot secure a HML?
14 April 2019 | 3 replies
In a normal sale with a lender the P&S protects against financing not being secured.
Brad Penley
What is the best resource on how to validate short term rentals
15 April 2019 | 11 replies
The population in this town has been decreasing since the 1980's.
Jason Heard
The idea of a multi-family rental is becoming more appealing
14 April 2019 | 6 replies
As long as the other unit(s) is/are occupied with paying tenants, the mortgage payment would be covered.
Chris Laino
Is using a Hard money lender considered cash or financing?
15 April 2019 | 9 replies
@Lien Vuong 's response is spot on.
Michael S.
Selling Live-In Duplex Due To Relocation: 1031 Exchange, Taxes?
15 April 2019 | 2 replies
@Michael S., You or your accountant have allocated that property into % use by primary residence and the investment portion.
Matthew Meizis
is it conflict of interest to use contractors architect?
27 April 2019 | 9 replies
Therefore we look out for their best interest as well as the help, safety and welfare of the public/anyone whom will utilize the space(s).