Hello,I just found out my tenant is running his own barber shop out of my home.  

I believe that with the right guidance, I can overcome the learning curve and contribute meaningfully to our mutual successI'm thankful in advance for your comments and responses!

Noah, I appreciate the information and tips to navigate the website its very helpful. 

The shareholder of the S-corp was required to treat his salary as active income subject to SE tax.

Thanks for the responses!

Here are a few tips to help you get started:Attend Local meetings: Look for seminars, networking events, and meetings focused on real estate investment in the Houston region.

Thanks everyone for the responses!

It’s always a quick 2-3 minute phone call but it gets his day going where I need him working so it can be very important if something came up during the night.

I would agree with the above responses, go for it if you are able and you and your family would still be well off after the purchase.

You want an accountant who can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck in your search.