If this is the case, then I guess the real question is whether or not the 2.9% of a reasonable dividend amount is worth the trouble of setting up an S Corp and all of the separation that goes along with it (bank accounts come to mind).I followed the link provided in the above post and noticed that some things such as a vehicle and office equipment would be deductible to the S Corp as well.

Swapped it out with one I keep in my vehicle.

I like the idea of looking at the vehicle they drive and how they take care of it.

I got into RE and PM because I want to build wealth and RE is my vehicle.

Traffic rules are simple - the bigger vehicle is at fault.

LLC's and LP's are both great vehicles for property ownership, but each has its own pros/cons.For our clients needing LP's, we register a NV LLC as the GP with a 1% interest, and then register the LP in their home state.

, personal property stored improperly, unregistered vehicle, and all the other lease/house rule violations that a typical lowlife is guilty of ARE adequate to proceed with eviction for other than late rent in most locales.

Problem with most real estate investors is that if you are buying properties that are producing such great returns for you to produce this income that you are wanting to defer taxes on you also need to consider the investment options you will have in that life insurance vehicle or any other vehicle.

He takes everything apart and warranties the vehicle and they buy it from him with cash.He could just rig cars and sell them that way but long term that isn't the way to be.

I have used all kinds of other assets, from securities to vehicles, a boat, a camper to inventory, even jewelry.You do not have assets signed over to you, such as titled person property, you become a lien holder and take a note.If you take an asset as a down payment in trade, you must have the asset valued by a dealer of that type of asset or appraised.