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.

...

my tenant completely trashed my place, deposit will not even cover the junk removal service I called my insurance (USAA) the adjuster showed up and was very helpful : turns out Trashing the place is not covered BUT (b...

Renatus...
Is it Worth the $20k?
yea..
the network and Education..
ok..
whats the difference?
they have a Network Marketing Comp Plan Associated with it.
local Investors..
whats the difference between that amd a REIA?...

I filed a claim with my insurance company for wind damage to the siding on one of my properties.  At the last minute, I called a contractor to meet the adjustor at the property so they could inspect it together.  The ...

Is investing in condos always a bad idea? For example, I have heard of people having lots of problems in condos with 100+ units, and very high HOA fees. But what about a condo in a 12 unit building? Is this still, ge...

After more than a year of reading, podcasts, practice analysis of deals, and discussion, I feel that I'm ready to commit to being a real estate investor once we start our new chapter (Husband is exiting the military n...

When investing in notes, we all have those deals which are “head scratchers”. Interesting to hear your story. I have many to share (including offering a non paying borrower who hadn’t paid for over a year a free house...

so I am all for real estate but I want to see what you think about this:You come across a $1 million in investment properties, you put down 20% and take a loan for $800,000.  Now you have $200,000 of your money tied u...

I am thinking about buying a 3 Unit MF house within 1 hour of train/bus commute to NYC for about 300-400k. The issue is, this is in the hood. I plan on being in and out within 2 years of renovation and renting out eve...

And how do you find them?Ok, I know that's subjective and very vague, let me backup and provide some context. We started our REI a year ago with one single family property with a popular Memphis turnkey provider on th...