Shannon Kiefhaber
Moving real estate from S-corp to LLC
21 January 2021 | 14 replies
Realize they serve 2 diff purposes:1) LLC is to limit a claimants recourse to your assets and passes thru income to the end entity2) S-Corps are the end entity and are used to reduce taxes (like FICA) and W-2 amounts by providing more generous benes (like retirement contributions) to "employees" as long as all are treated equally.DISCLOSURE - AM NOT A CPA OR TAX PROFESSIONAL.
Kelsey Gabhart
I need advice with my wholesaling business please!!
14 December 2020 | 46 replies
I want to know that the seller is being treated professionally and with respect and that the wholesaler is trying to help that seller solve their problem by connecting them to me.
Arta Montero
Magic number for leaving w-2 job
15 December 2020 | 28 replies
If you think you will work less, or have less balls to juggle by being self employed, you may be mistaken.Your lifestyle may improve (or may degrade) depending on how you how much you like or dislike doing the self employed things you must do.You might make more (bonuses) working W2 at 70+ hours than you will investing (in some positions, for some employers), others exploit their workers terribly, and treat them bad.
Erez Friedlander
Partnership and taxes
23 December 2020 | 5 replies
The first is that if you reside in a community property state in the USA, which treats properties owned jointly by spouses as being a single owner (simplified explanation!)
Kyle R.
STR Rent to Own / Host to Own Options
14 December 2020 | 3 replies
This is a business for you and you treat it as such.
Tanya Solomon
Is it a red flag when someone says "I can help you?"
1 February 2021 | 16 replies
Here's the thing I generally treat contactors, tenants, agents, pretty much everyone how I want to be treated.
Michael K.
Vendor take back mortgage or promissory note?
23 December 2020 | 7 replies
Or do institutions treat VTB differently than conventional mortgages when it comes to taking out equity?
Tyler Richardson
DIY- Property Management
19 December 2020 | 3 replies
Spend a little money on tech if you are going to do it yourself and treat it like you are a pro.
Jason Carter
Starting out wholesaling any advice?
23 December 2020 | 13 replies
Treat it like a business, the more time you put in the more reward you get out.
Ishmael Johnson
Cash for keys during the moratorium
29 December 2020 | 22 replies
I’d treat it like applying for a Section 8 voucher where a tenant needs to prove he has need.