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I have a question about this quote that rich dad poor dad, Robert Kiyosaki stresses on, ""One method that really helped me enhance my control in making money came from creating a corporation. A corporation can do many...
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Hey all!
I hope all is well :)
When it comes to real estate investing, I've heard that many investors choose to form a two-member LLC with the default tax status as a partnership. However, I'm curious to know if it'...
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I have a question about this quote that rich dad poor dad, Robert Kiyosaki stresses on, "
"One method that really helped me enhance my control in making money came from creating a corporation. A corporation can do ma...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/132456/small_1621418440-avatar-billmitchell87.jpg?twic=v1/output=image&v=2)
This was my first year wholesaling part time here in DFW. I made a decent chunk of change doing it, about 40k. My question is when it comes to taxes, should I utilize a real estate tax professional at the end of t...
I've been reading quite a bit about corporation vs personal ownership in canada, and i think corporation makes a lot of sense, especially because i plan on expanding eventually to 100+ doors. the corporation just seem...
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Hi,I have some personal savings and would like to use those to invest in real estate. But instead of investing in my personal name (for obvious reasons), I would like to use a S-corporation that I have formed to do th...
I am currently a w2 doctor with a house in town A. I am planning on moving to town B (90 miles away) and becoming a 1099 doctor (town B is now my primary residence). I will still likely be doing an outreach clinic i...
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Hi folks, I don't like how I am not compensated for my time as landlord when I am doing renovations/maintenance on my properties. I guess maybe it just creates a convoluted mess of paper-trail, but if I created my ow...
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I understand as a shareholder of an S-Corp you are supposed to pay yourself a reasonable salary for work performed on behalf of the business. You cannot pay distributions until you first pay yourself a salary.
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Can a SD checkbook LLC, invest in crowd funding?