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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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All,I have a success story to share. But it is not a success for the reasons you may think. I really learned a lot from this and from these mistakes I have made I changed the way I do my thing and this is causing a no...
A recent BP blog article by Scott Trench had the phrase “. . . guys like us here on BiggerPockets . . . “ I commented about the gendered language, because if people don’t realize they’re doing it, it can never change....
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I will preface this by saying this is 100% a self inflicted wound that in all honesty did know know was happening. I am an investor with two other "good old boys" who still believe in handshakes and verbal agreements....
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I read about RAD through BP and I wanted to leave my review of them for other to be better informed before investing with them. Their salesman (Gregg Poirier) was very easy to get in contact when I was considering inv...
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Hey everyone, I'm a 24 year old Software engineer that's always wanted to get into real estate, I graduated college about a year and a half ago and wanted to hit the ground running when graduated. I moved to North Vir...
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So my question is what is the real upside if there is an upside to buying property out of the country?I’ve seen a couple of posters that advertise directly or indirectly about different projects internationally. I’m a...
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I had a rental house in Kansas City come vacant in January and hired a handyman ..in process of trying to become a contractor (he had recently formed an LLC company)... to replace some tiles and paint...simple job and...
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Hi everyone! My husband and I would like to buy our first investment property (buy and hold) this year but would like to know about other markets than the one we are currently in!
We live in Los Angeles, and price...
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In a nod to Ben Leybovich, I bought a PIG. I'm going to tell everyone how things work out for me on this thread.The deal:2/1 house in Fredericksburg, VA. It's a very small 725 single story all brick on a crawlspace ...