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...
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...
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...
I've terminated a management agreement with a property manager. The property manager is refusing to give me the applications she collected from tenants. The problem is she rented to people without doing background che...
I had a customer ask " Why so much ? " when I quoted a job that was about 30 days to complete . So heres what I came up with .Paying for materials , permits , and the time and expertise of 2 men . But you are bas...
I am a general contractor by trade and have thus far saved up money to buy all of my rental properties (and their necessary improvements) out of pocket. I have recently opened a line of credit to be able to do somethi...
I know many on here are fans of Solo K plans. I cant find too much detailed info online and even my tax guy is not too familiar with them. So let me post my questions here for the experts
1. Does having pass...
Hello, we have a new project manager on board and I am just wondering if I should have a Contract between him and I in case something happens to him on the Job. For example, he is on the construction site and gets hu...
Curious. This is posed to all the wholesalers and rehabbers. Do most people run a one man/women shop? Are you the marketer, deal analyzer, prospector, designer and accountant for your business? Or do any of you actual...
Does anyone have suggestions? I'm looking for a task management and timecard tracking application to make sure contractors are as productive as possible ;-)