
4 December 2017 | 13 replies
Reasonable salary is $50,000S-corp will issue a W-2 to Shareholder for $50,000.Shareholder will receive a check for $46,175($50,000 less social security and medicare tax of $3825; not factoring in fed & state withholding)The S-corp will also be required to issue a check of $3825 to Social Security because the employer matches the employee payroll taxes.Shareholder will report on his individual return $50,000 of wages and $50,000 of S-corp income for a total of $100,000.

13 December 2017 | 15 replies
(3) So far, I have not spent a lot of time socializing with other multifamily investors in the Atlanta area.

4 December 2017 | 0 replies
Advertising your rental using social media.
15 December 2017 | 13 replies
Nearly every property we purchase is surrounded by an owner's social situation which catalyzes their choice to sell.

15 December 2017 | 3 replies
But as an S-Corp you are required to draw a salary, pay social security, medicare and unemployment tax on it and, in some places, have worker's comp and general liability insurance.

16 January 2018 | 3 replies
You can hire a PM, but honestly-- your tenants won't want to talk to you, this isn't social hour, you won't be friends...

18 December 2017 | 4 replies
After investing in real estate for the just six years I now have enough income to retire without having to draw on my Social Security.

19 December 2017 | 13 replies
@Jim McConnell you could ask for bank statement, utility bills, birth certificate, social security card and other proof.

13 December 2019 | 11 replies
I also like the social sustainability component of the investment.

13 January 2018 | 6 replies
I know I am more of a lurker than a poster, and less social than more social, but BP has been integral in my success and even in making positive life changes non-real-estate related!