So do the math:$700 divide by (10 hours/week x 4 weeks) = $17.50/hourNow the reality is - the real cashflow from this property will be around half of that number ($350/month) because something always go wrong.

When I file my taxes (then separately for wife) do I just add up both W2's salaries (box 1), federal income taxes withheld (box 2), social security wages (box 3), social security taxes withheld (box 4), medicare wages and tips (box 5), and medicare taxes withheld (box 6) and divide by 2 under the 1040 form/section?

I’m looking for the right talk track.I found a prime flip property down the road from my house, tucked back on 2.3 sub-dividable acres.

All the income and expenses flow directly onto the single member's tax return.Now, if there are more than one member, then the LLC will have to file a partnership return and divide up the profits and losses.

Can it be divided into separate units?

(cash on cash)Many times folks take the payment and multiply it by 12 then divide by the investment.  

There are markets with much lower cap rates but usually always have higher property value appreciation rates (or should) if it were to make $en$e for the investor.You want to find out what the cap rate is for the area and specifically for properties of a similar nature and in a similar zone; divide the yearly NOI by that cap rate and that is the value of the property or theoretically, the most you should pay for it.You don't base your decision on what other investors are doing or what they are paying.

I discovered that this would estate sale with proceeds from the sale divided between at least 3 family members. any thoughts and recomondations?

same here for estate planning. my mom is the GP with me adding about half of my assets.we have no cash flow ranch land and producing minerals mostly, dividing into smaller tracts and owner financing. using the cash flow to acquire cash flowing investments in east texas and san antonio.mom is the silent majority.

Class warfare is all talk and no action...it divides rather than solves.