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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Female Property Investors/Landlords. I need your advice. If you are doing this on your own. By that, I mean, no male figure next to you that is your father, boyfriend, husband, brother, cousin. If you have none of the...
Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
Hi BP members!This is just my second post and it feels great to have received such good feedback and support.Since I don't usually carry around $100K in cash, my southern California backyard market can seem a little i...
Instead of becoming an HML, I'm looking for innovative ways to lend money or finance flips and other real estate projects. After reading a couple posts on the topic, my wheels are turning. Forming a Series LLC or an...
So, I am an investor and realtor. I work and live in Dallas Tx and Starting January 12th. Zillow will not longer pull rentals from the MLS and put them on their site. They will charge everyone, Realtor or landlord 9.9...
HI BP,I've run into a little problem with 2 adopted tenants from an existing owner. The first 8 months they were great, paid on time, no issues, etc. As of the last 3 months they have been a nightmare. One has defi...
When I bought into San Francisco 10 years ago, after 20% down, I was still losing $1K ish per month per door.... I had to work my day job and saved every penny to support my real estate enthusiam..... But I had hope a...
Airbnb just now realizing this?
https://finance.yahoo.com/news/airbnb-stock-falls-after-short-report-says-hosts-directly-compete-with-platform-173546532.html?guccounter=1&guce_referrer=aHR0cDovL20uZmFjZWJvb2s...
Hello BP Friends - Not sure where to post this, and looking for feedback. We are a couple of newbies ages 50 and 54, residing in NYC, and have been advised by an experienced investor (from BP) that we're too old to be...