In your case, the IRS makes you pay estimated tax on your profit distributions, particularly if your S Corporation is fairly profitable and you're taking out healthy profit draws. f you can show the IRS that you've paid most or all of your previous year's taxes within that same tax year, you will stand a very good chance of avoiding estimated tax payments entirely.

I got a call the other morning at 4am from a tenant that was distressed because another tenant had come home drunk at 2am, turned up the stereo and proceeded to pass out in her apt, and none of the tenants could get her to come to the door so they called the police and after an hour of beating on the door they finally woke her up at 4:30.Try a sewer pipe backed up because a tenant flushed feminine products down the toilet and your the one that has to snake the system from in front of the blockage because it's the only way to get to it without draining 200 gallons of sewage on the basement floor, knowing that once you free the blockage you better get the snake out fast and the cap put on the clean out.

At first, the parents were highly embarrassed, but eventually agreed to let them clean the house.

It might be to your ex or it might be to a third party if he can not afford to buy you out cleanly.2.

He got the contractor to get the permits (that is another whole story), fix the problems, and clean up the mess that he thought he was going to leave in the yard.Finally - weeks after the thing should have been finished - I got the okay from the inspector to pay the contractor.I learned my lesson right then and there . . . before paying a dime, I ask any contractor to get their permits and fax proof to me.

Regarding your questions and points:is there a benefit of being able to keep tenants longer Yes less lost rent during turnover, less light cleaning and touch up paint.

I had the carpet cleaned thoroughly and got the so called "bat expert" to come and close up the hole where the mis-performing "sock" had been placed.

Once contacted I'd be cooperative, allow them to look around inside and out, and try to make arrangements for a timely transition - such as "let me stay until XX date and I will assure you I'll leave the place empty, clean and undamaged".

But then (LUCKILY), after visiting and reading on this forum and other books, I got a good healthy dose of reality... add to this the fact that I live in a state that's extremely tenant-friendly/landlord-hostile...

Getting knowledgealbe about how to leverage funds is definitely something to pay attention to, either prior to investing or if you just need extra funds by allowing others to use your clean pay history.