To expand a little more, in an S Corp you can receive income as both earned (paycheck) or passive (stock dividends).

That being said, if in your position, with a friend that has money making them 1% or -% in the market, I would work out a simple deal where they could invest the capital and earn simple interest between 5-10% on a loan amortized over 30 years, with a balloon due in 5 or 10 years, or as far out as they will go.

Don't just look in the paper, or online, actually GO to open houses, etc. and find out what's on the market, what you get for the money, etc.

If you want to save and don't live in a big city like NYC kitchen cabinets, major appliances and counter tops are probably easiest found online.

The plan funds the transaction, the property is properly titled and John earns a standard commission which he puts in his "personal" RE business.

If it is a good deal and there is a good profit available, tie it up, learn how to control property even if it is with a $10 option, take a shot, earn from good deals, don't wave goodby to them.

I did some online research but wasn't able to find additional information about using a grant deed in this case.

I can only assume that he is going to earn every cent he makes on this package deal, and I hope he makes out great.

But as a was looking online i found a home in my area were someone is selling a 2BR-1BATH HOME for $1100.

I own .41 acres B1 Zoned lot in Winchester VA, looking to build 2 stories 12 unit Apartment/Multi-family house.I tried online for stock plans but did not find, can anyone please suggest me where can I find similar plans?