We have an S-corp set up for flipping houses. I need to start paying myself an income, but I prefer not to pay a monthly fee to a payroll company for one person. I know how to calculate the taxes, etc.

Can someone ru...

Can someone explain this to me?In "Rich Dad, Poor Dad," Robert Kiyosaki says "The reason I minimize my income is I don't want to pay it to the government. That is why my income comes through my asset column, through a...

When you're part time wholesaling while working a day job how do you handle your taxes?  Do you set aside 35% from wholesaling then pay quarterly?  Then do you change the way you file taxes on your day job? Sam Williams

I currently have 5 rentals (looking to grow) that are financed conventionally. That being stated, my lenders will not allow for me to transfer title into an LLC. Since I’m not able to transfer any of my 5 rentals into...

Hubby and I are putting the finishing touches on our first investment purchase.  We bought it to be a rental.  However, we have learned from our realtor that we may be able to sell it for more than we realized.  Even ...

So. I've read some real estate books, and I would like to make the leap into buy-and-hold real estate investing. I've started by researching which cities have the best market to buy properties using the criteria of pr...

Thank you for any advice given. The issue is that NYC and State take an enormous tax chunk out of your investment earnings. So if you relocate your investment property to another state are you still obliged to pay the...

How much income does a wholesale business need to generate for an LLC with S-corp taxation to make sense? For example, let's assume my day job satisfies my social security tax and the wholesaling business does the fol...

Hey all! Very unique situation. I’ve been trying to work with a lender that deals with special cases (referred by real estate friend) and im getting nervous that i wont be able to refi out of my hard money loan. Bough...

We are residents of Missouri and have a Florida LLC that owns a short-term rental home in Destin, Florida.We have owned it for almost 4 years now and would like to sell the home.The purchase price was $779,000 and sal...