Paying yourself through the llc

Will be purchasing commercial property and will have one employee at the start and hopefully will grow the number of employees in 2-3 years. I would like to do payroll as easy and quickly as possible. I know there are...

I have a quick question as to how the short-term gains are taxed (ie tax bracket). I've flipped a 2 properties under my LLC this year (outside of my regular W-2) and trying to get an understanding of what to expect. 

I am looking to setup payroll for myself out of my company, call it LLC #1, and LLC #1 is owned by Parent LLC which I am looking into doing an S-Corp Election for. What I am unsure about is if the whole 60-40 rule aro...

I am looking to start investing in multifamily properties.  I have set up my proforma spreadsheet and I am pretty sure the calculations are correct.  When I evaluate properties what are all the expenses associated wit...

I am interested in forming an LLC w/ S-corp status for tax implications. The idea would be to build a team and protect my brand. I have heard some people say that forming an LLC is mainly for legal protection and othe...

Looks like the sba and treasury has denied multifamily owners from accessing PPP funding. Terrific...https://www.nmhc.org/news/press-release/2020/apartment-industry-urges-sba-and-treasury-to-amend-paycheck-protection-...

Okay- So I am going to make a long story as short as I can. My husband and worked in the vinyl Siding business and roofing for a while now. Running his own crew. We have 1099 our workers. Now he has been approached fr...

Do you have to issue a w2 to a child employee that makes under $12,000??

Hey all,I have a good sized portfolio, approx 300 units. I have W2 staff managing and maintaining the units.We have recently run into an issue where our P&L looks a bit rougher than it should. One main reason for ...