Thanks for reading!I'm currently a multifamily (workforce housing) investor but I'm looking to buy a small portfolio of parks. And I've run into some issues I need to address.1. I ran a test ad for a rent to own mobil...
So, at the moment, I have 11 units. I aquire new houses and do remodels year round. We typically do 2-3 remodels a year. Right now, I hire 2 full-time employees to do the remodeling work for me, and they do maintenanc...
Note: I am not a foreign investor. I am based in the US and would love to learn more about people doing anything real estate thru EB-5 programs. Do you start off by creating an EB-5 regional center? How do you just...
An S-corp that owns multiple LLCs, does the S-corp or the LLC run payroll for the owners? Do you have to deposit funds into the S-corps account as contributions just to do payroll for the owners?
We currently use the BRRR method and put lots of sweat equity in. We also have a general construction company that is taxed as an S-corp. We have never paid our construction company for services. Should we be? Our so...
I just created an LLC for my rental property, so this is all new to me. Is there any reason to pay a salary to my spouse? If I pay her, to make this simple let's say $2k a month, she'll pay taxes on that which means...
I am trying to find answers, but they are hard to come by.
Let's imagine the following scenario:
I come across a person who wants to sell his retail store. Let's say he sells widgets.
So, my SD-Roth IRA buys the L...
The question is in regards to balancing property management costs. I've noted, that generally apartment complexes require a property management company that takes between 5-8% of gross rents, and also hires payroll s...
Hey everyone! Posting to get some advice as I'm in a quandary here. Landlord just served me a 3-day pay or vacate that states that I didn't pay partial rent for last Oct, didn't pay rent for November, didn't pay this ...
For 1099s issued to yourself for your compensation of an S corp, one has until the end of February instead of the end of January. I saw an ad at BP for processing 1099s but missed who the vendor was. I also called a l...