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Hello, my question involves having my company paying me a salary. Would it be smart to do this since if I can show two years income, then I can qualify for 30 year loans on rental properties I am planning on owning. ...
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Not asking for or expecting legal advice here, but I thought someone might know the answer to this.
If I create a new LLC to hold a property, I assume it might take some time to establish a credit card for business e...
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Hi, I am embarking into the house flipping business in south florida. I personally am an electrician from NYC and am quite efficient in home remodeling in all almost all categories. Not that ill be doing all or most...
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Hi everyone, My background is owning a small fine woodworking business and doing contract based creative direction for a niche corporate brand development firm. A few years ago I was unhappy with how much I was workin...
Hello !Hoping someone can help, I will ask mortgage company this week but hoping for some insight now; My husband and Father in law own a corporation , they have purchased a home to flip using money from a hard money ...
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I have been investing in Rental property for over 25 years and have been interested in forming a corporation to limit my liability, but my wife has always been negative on the cost of creating a corporation and a f...
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I have a paid off house, should I put it into a s-corp? It’s currently making $42000/year. It has been fully depreciated. I’m looking for ways to save on taxes.
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Hey BP Community,We want to use capital from multiple private investors for the down payment on a multi-family commercial property but we want the property to be under our name, not the investors. How should we struct...
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Hello,I am completely burnt from corporate america and want to start a consulting job that may pay me more than my corporate job. My plan is to sAve a lot of money so that I can start real estate investment next year,...
I am about to close on my first rental property. I am planning to create an S corp from the advice of a CPA. My question is, I've been searching for 5 tradelines for my new corp to get Paydex credit. However, I think ...