![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/64576/small_1621413540-avatar-ryan_o.jpg?twic=v1/output=image&v=2)
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.
...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/342977/small_1694590717-avatar-paulm41.jpg?twic=v1/output=image&v=2)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/93391/small_1621416696-avatar-timbuck2.jpg?twic=v1/output=image&v=2)
Hello BP Members! I write a regular column for BiggerPockets Wealth Magazine on people's "Biggest Mistakes" in real estate. Do you have a "mistake" story and lessons you learned from it? I'd love to hear it! (Thanks t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/585548/small_1629418756-avatar-cashflowaudits.jpg?twic=v1/output=image&v=2)
I’m curious what the community here has to say.
My dads in the car business and swears by leasing. I’m all about wealth building and assets and I think buying is the better option.
I’m currently torn between buying...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1648619/small_1643489101-avatar-tomj124.jpg?twic=v1/output=image&v=2)
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/115170/small_1621417601-avatar-justaskbenwhy.jpg?twic=v1/output=image&v=2)
It's not talking this time, though, if you've been paying attention, you know that I've been preaching this message for years... Here's an email from this morning names and locations edited out):Hey Ben - Really enjo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/481635/small_1621478616-avatar-anthonyp47.jpg?twic=v1/output=image&v=2)
Looking to make meet fellow BP members in the Oklahoma area
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1658052/small_1637964079-avatar-cameronm123.jpg?twic=v1/output=image&v=2)
Hi guys, this one is for my OHIO investors/real estate people. What’s the deal with Ohio? I swear people are RAVING about Ohio, I can’t stop hearing Ohio and real estate in the same sentence LOL. The only thing I real...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1734751/small_1637650782-avatar-benmorand.jpg?twic=v1/output=image&v=2)
Hey guys! My name is Ben Morand and I’m a 20 year old college student at the University of Florida. Over the past several months I have taken all the action I feel I could’ve taken in terms of growing my real estate k...