I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
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So recently, I was going to use a CPA for a corporate tax return. He outlined that book keeping was $45/hr and corporate tax would be $500, and any additional costs to file to USA would be determined later. I told him...
As summer rolls in and temperatures heat up, so does the short-term rental market in Denver. As a personal example, my Airbnb unit near Sherrelwood is already booked every night in June and and July except for two nig...
I have 4 long term rentals in another state. I have a decent property manager. I am interested in converting them to short terms buy my manager has no experience with this, although they are “interested” in getting ...
Living in California I started investing out of state in 2010. At the time, an investor could invest almost anywhere in U.S. and pencil out a good return. I chose Texas due to what I felt was going to be an appreciati...
So I just learned about turnkey investing and downloaded the app! I’m not sure any more people don’t use this style of investing, am I just new and hyped or is there a catch?
Hi everyone,My name is Brandon Chung, and I'm currently a college student in the Cleveland area looking to learn more about and start real estate investing. I've heard house hacking can be a good way to get started, b...
Would you rather have $200k (after taxes) right now, or would you rather have $800/mo cash flow + money from future sale? I am anticipating "Well, it depends on what your goals are" as an answer. I want to know what Y...
What's up BP! I am just getting started in the real estate game out in Denver Co. I am still just working on building up as much knowledge as I can. I want my first step to be getting into a house hack set up. I am lo...
Hello BP, has anyone had any experience installing rooftop solar panel systems to their rentals and charging tenants for the energy usage in order to increase cash flow? How did this work out for you? If you have not ...