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Two years ago I brought property management in house in my business. I made this decision after I realized that property managers don't work for me. Instead, they work for themselves. Sometimes our interests interse...
This may have been addressed somewhere else, but i haven't been able to find anything that pertains specifically to contractors. I recently got my residential contractors license in Florida and formed an LLC as the on...
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Say you have a wholesaling business. Except, you've worked yourself out of the work load and you now have numerous sales-y employees calling around and helping you find deals. You get many contracts, which can go out ...
Hey, I have found this from my mentor..."Make $4,000 working 4 hours per week?" He is going to have a webinar from a special guest who specializes in teaching how one can outsource all the minutiae so you can focus o...
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I read an article on a financial website a few months ago about this, and filed it away as something that I might be able to use in the future. Yesterday I was talking on the phone with someone from this site who know...
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Example, husband and wife each own a company. Husband has a widget company with W-2 employees working over 1,000 hrs/ yr. His W-2 earnings are 180k. He has a 401k for himself and employees.His wife has a profitable sm...
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I have almost 200 doors and also own a very successful construction company with my husband. We have around 40 to 50 employees in the construction field and then I manage and run the real estate with 4 to 5 employees...
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Hey All,I have reached to my accountant about this but thought I would ask here to see if anyone has done something similar.An LLC of which I am the manager, and my SDIRA is the only member, is in the process of acqu...
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So I quit my job in 2022 and so for the last year I have been working strictly on my properties. I never bothered with logging my time (because it was a hassle and I didn't think it would be much benefit) but now I'm ...
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Hello All,A question for my fellow canadians. In Ontario income from property that is owned in a corporation is classed as passive income which is taxed at almost 50%!!!!!!!!!!!While small businesses are classed as ac...