One day I hope to own or be a co-owner of a real estate investment firm. I have noticed that some investment firms do not have salaried employees, their investment Analysts/Underwriters are 1099. Other firms have all ...
Hi,Any tax guru can help me out on this question:I want to pay my kids for working for me...but don't really know the pros/cons between W2 - payroll vs Issue 1099?Thanks in advance for your help.
I looking at to get started on a 5 to 6 month rehab project with a high pay out at the end. If I needed to, and as long as the 401K allows lending against it, would I be able to use a 401K loan as a bridge loan for ab...
Hello! My business partner and I are considering investing in a 24 room inn/motel that is for sale in our area - this is our first property outside of apartment buildings, so I am hoping to find someone with expertise...
So, our property management company is expanding pass the capacity of the small (less than 10) staff we have and we're looking to hire more help and get HR. My question is, as I was googling HR services alot came up -...
It us hard to believe that we own all C+ Grade apartment buildings and also have many tenants who steal other tenants mail, packages, rob cars, put slugs in washers and dryers, stole the entire set of 28 mail wall-mou...
We’re about to hire our first property manager. We’re reading over the contract and not sure if we need a lawyer or if the contact is a standard one. The property manager was recommended to me by a realtor/investor ...
Still have a W2 job but getting closer to FI in the next year or two. Big thing holding me back is getting over hurdle of health insurance for my family as well as 401k. If I make an S Corp and start hiring a couple e...
I would like to start wholesaling and investing in real estate but I’m not sure if I will be in violation of my job Non-Compete Agreement. I currently work as a Graphic Designer at Berkshire Hathaway Carolinas Realty....
What are your folks thought on this? I'm someone that wants my portfolio to be primarily RE, but I stuggle in how to allocate funds between Roth and traditional IRAs, SDIRA, and 401k. I have normally done Roth IRAs on...