Lauren Norwood
LLC w/ S-Corp Election vs. Plain S-Corp
Hello,
What is the difference between the two or are they treated the same by the IRS? I keep getting different answers and I just wondering if someone could clarify.
Thanks,
Lauren :lol:
Joseph Skoler
Transfer real property from s-corp
I have a piece of real estate owned by an s-corp (of which I am the sole shareholder).It has appreciated substantially in the decades that I've owned it.I would like to transfer it to an LLC (of which I would be the s...
Rich Hupper
Lets hear from the self employed
On this forum ive noticed a good chunk of people have w2 income who are investing for the first time or becoming seasoned investors almost ready to give up their w2 job.It seems like it is easier to get started in the...
Trey Manfield
Off-ramp for hemorrhaging negative cashflow
Greetings everyone,
13 months ago when planning to move to Monterey, CA I was swept up in a wave of enthusiasm to enter the real estate market after feeling like I missed out over the past 15 years, and I used my VA...
Lloyd Segal
Economic Update (Monday, February 1, 2021)
Economic Update(Monday, February 1, 2021)
I’m starting to really like these Executive Orders. Consider this; in less than eleven days, President Biden issued over 50 Executive Orders, including; rejoining the Worl...
John Fulton
Amazon: Push a button, sell your home?
We are living during the Cambrian explosion of “push a button” products and services. Push a button, get a divorce. Push a button, get a ride, watch a movie, deliver groceries and alcohol. I personally don’t see the d...
Srinivas Mudireddy
Advise for repiping a house
Hi,
I have a 1250sqft 2 story 3 bed 2 bath condo built in 1977 which recently had a big water leak. Because the tenant couldn't detect it in time, we had to throw away newly installed floors on entire downstairs. Tha...
Carlos Cuervo
How can a young investor get to his first passive income?
How can a young investor with low income make an investment that can become into a passive income?
Arlen Chou
How do you, tax efficently, move money between your REI entities?
Hello All,I am still a relatively new buy/hold investor, but over the past 2 years I have put together a small portfolio of 13 doors. Although I am fairly comfortable with the mechanics of buy/hold, I am still trying...
Mike Mefferd
Multifamily Laundry Facilities
We are currently buying a 24 unit apartment building that has on site laundry facilities. The prior owners were using a company that paid for the machines, serviced them and then sent them a check at the end of each m...