I understand you have to file a 941 every quarter, but if you are the sole owner and individual of an S Corp and say you are a wholesaler, can you wait until December to just pay yourself an annual Salary of say $40,000 when the business made $100k for the whole year?  

If the 1031 falls through, the estimated tax becomes due from the seller that quarter (I don't think you can wait until the next April), but obviously has to be paid direct and not through the escrow because there will have been no money posted at closing.

Active FDIC status, Kalamazoo Banks:1st Source Bank Chemical Bank Comerica Bank Fifth Third Bank First National Bank of Michigan Flagstar Bank, FSB JPMorgan Chase Bank, National Association Mercantile Bank of Michigan Old National Bank PNC Bank, National Association The Huntington National Bank Add for Battle Creek: Southern Michigan Bank & Trust Add for Grand Rapids: Bank of America, National Association Evolve Bank & Trust First Community Bank First National Bank of America Independent Bank Macatawa Bank Northpointe Bank The Northern Trust Company United Bank of Michigan Wells Fargo Bank, National Association West Michigan Community Bank Then you can pick the banks that only operate in Michigan, since that's the best place to start:Macatawa Bank (FDIC # 34618) Flagstar Bank, FSB (FDIC # 32541) First National Bank of Michigan (FDIC # 58259) Mercantile Bank of Michigan (FDIC # 34598) inst.all RE loans% RE of total loans34618798426 64%32541754907475% *5825926962978% -34598165928769% -(Dollar figures in thousands)  * = high in 1-4 family residential, - = low in 1-4 family residentialTo do yourself, go to the fdic.gov site, then BANK DATA & STATISTICS, then Bank Find. https://research.fdic.gov/bankfind/Go to the Details and Financials to get their Assets and Liabilities report for the latest quarter, and Net Loans and Leases to get ratios of 1-4 family to total loans.

•Identify Funding Options-Local Banks, Investors•Arrange Agenda Set Up meetingsSite VisitDay 1 Agenda•Fly in Late Afternoon•Obtain Rental car and Hotel Check in•Attend REIA Club•Drive properties •Stop at the local police branch and ask them if they have any crime reportsDay 2 Agenda•Meet RE Broker #1 at property•Meet RE Broker #2 at @ Office•Lunch with Local Lender•Meet RE Broker # 3 at Office•Dinner with RE Lawyer•Drive Path of ProgressDay 3 Agenda•Meet with Appraiser•Meet with Property Manager #1•Meet with Property Manager #2•City Hall Meet with Economic Developer, Building Dept and Assessor Office•Lunch with Litigation Attorney•Meet with Property Inspector/EngineerPost Visit Follow Up•Continue relations with your local team•Reach further into the market increase broker connections•Arrange Quarterly Inspection of Acquired properties•Increase local contacts Property Inspection ChecklistNeighborhood•Main road?

You can pay monthly, quarterly, annually, or the accrued amount after each sale.

Since earnings are measured quarterly, there really is no incentive to get any property sold today, you'll never find a banker in a hurry to much of anything.

Ali- I'd call provident and ask them what they're paying for a junk bag of silver of quarters. ($1000 face value) Check their site and see what they sell them for.

I recall an article in Gentlemens Quarterly where they took bums off Skid Row, cleaned them up, dressed them in cool expensive clothes and took professional photos.

Rookie Matt Ryan was looking a little unprepared for the game until the second quarter, now he has his offense fired up.

I relation to depreciation and rental properties, I think I have a pretty good handle on how the IRS regulations work.Purchase price and repairs up to the point property is placed in service, are the base 27.5 year depreciated amount.Additional repairs/improvements after it is rented are depreciated based upon placed in service date and type of improvement.Question:In general would grouping similar capital improvements by quarter be acceptable, or by month, versus tracking each improvment to it's exact in service date.I have a new rental, that is fully leased, but there are still capital improvements being made.