Nat C.
Would you put a body cam on your employee?
Do you think it reasonable to request your hourly wage employee wear a body cam when you’re absent?I’m referring to an employee who is supposed to be performing labour work.I’m sick of paying employees who I know are ...
Dana N.
Hiring my children as an employee at my LLC
I read that I can hire my children to work at my home base business, which is an LLC. We live in NYC, but our LLC is filed in NC.
Question: If I hire my 11 year old as an employee to do of course reasonable work for...
Tyco Bronye
Why would a busness owner hire a union employee?
I'm wondering why an employer would hire a union employee if he doesn't have to?I work at a hotel and I learn about what people make in various departmentsHousekeepers get around 11 bucks an hour to start and max out ...
Sean O'Dowd
What should the first 5 employees you hire be?
This has been a question I've been debating myself recently, and I was wondering what BP's thoughts were:The situation: Your LLC owns and manages approximately 100 units within the same area. You have enough funds to ...
Todd Willhoite
Solo 401k unavailable if have any business with employees?
I have a business with no employees for which I want to establish a solo 401k. I have another unrelated business with one full time employee. My wife has a business with four full time employees. Under the Controll...
Anthony Gayden
Real Estate Company Gives Employees $10 Million Christmas Bonus
I love this story.
https://www.washingtonpost.com/lifestyle/2019/12/11/real-estate-company-surprised-employees-with-million-bonuses-holiday-party/#comments-wrapper
"Hardly anyone knew what was inside the red envelop...
Michael Butler
Corporate Tenant Using Single Family Home for 8 Employees
Hi!My wife and I are renting out our single family, 3 bed/2.5 bath ($2200/month) home in St Louis, MO in a historic neighborhood (Benton Park) as we move to a new home that we are rehabbing while living in. We are acc...
Kimberly Kesterke
First Fix & Flip Project as a W2 Employee
Investment Info:
Single-family residence fix & flip investment in Augusta.
Purchase price: $27,000
Cash invested: $15,000
Sale price: $65,500
This property was acquired through pre-foreclosur...
Account Closed
Structure of your real estate business including employees/team
I am looking to hear about how mildly experienced to extremely experienced investors structure their businesses and teams. Do you have assistants, do you consider bringing property management in house, etc etc? Are th...
Bryce Henson
Tax Strategy - W2 Employee, Part Time Real Estate Investor
Hello all!What tax strategies can I utilize this year? I am a full-time W2 employee and part-time real estate investor in California. I invest locally and out of state in fix-and-flip and buy-and-hold properties. This...