I have 6-7 houses/lots, and i want to switch over to an S-corp. One in particular that im in the middle of closing right now. The S-corp has already been created, so if i create an S-corp account to have the money dep...

Hi all,I recently rehabbed a Manufactured home (1996 vintage), put it on the market and have it in contract with an FHA buyer.  It appraised well and no issues were discovered during escrow. The buyers received loan a...

So, our regular plumber mentioned that the price of water heaters looks like it's going up significantly.  We manage about 250 doors and would like to know if it's worth it to become a Ruud dealer (or some such analag...

We have a rental property in Denver that needs a kitchen update. Can anyone recommend a good Kitchen company to work with? We are in the process of working with Home depot to get a quote but wanted to look at some oth...

This is a hypotethical question for me that I did not see answered.  As I understand it, buying a property with intent to flip it quickly, for a profit, makes one a 'dealer' in the eyes of the IRS.  Dealer is someone ...

It’s been a while since I posted here! I currently own and operate 5 mobile home parks along with my father. We have vacant lots that we are looking to fill in Iowa and Florida. I have seen some people online talking ...

Do you just print copies of the checks you made and keep them as your stubs, and save them come tax time and take them to H&R block, or how exactly do you do it?

Just getting started… and so much to learn. We bought our first property at a foreclosure auction with plans to turn into a rental. Single-family home with large yard, as we learn, now rethinking our strategy.
If we...

Hi everyone! I want to form an LLC for my new wholesaling business and want to open up a bank account for it. My question is, my credit isn't great right now, and I know that banks are suddenly choosy about who they w...

Hey everyone, my current situation is this,  my brother owns a used car dealership in Phx,az since 2012, i worked for him till about 2015, then till currently buy vehicles at a dealer auctions , used to advertise on m...