Hello!Thanks for looking....I'm a fix and rent general contractor looking to take my business to the next level and hire a few full-time employees. The subject of this post pretty much sums it up. ;)Anyone have a good...
We have an S-corp set up for flipping houses. I need to start paying myself an income, but I prefer not to pay a monthly fee to a payroll company for one person. I know how to calculate the taxes, etc.
Can someone ru...
Hey everyone, I am analyzing a deal right now for a 26 unit apartment complex. I know on larger properties (50+ units) it is common to have an onsite property manager and the fees are between 4-6% plus payroll costs f...
Interested to hear what rules of thumb do you use for multifamily. Right now trying to figure out payroll for a 47 unit. Also, do your rules of thumb change when you scale from 50-10-150-200 units?
Paying yourself through the llc
I am new to this forum and wanted some advice on my situation. I currently own 3 rental properties with two partners. Two properties are in their own LLCs and the 3rd property is an S-corporation. My current account...
I'm currently looking at a 105 unit deal, which is comprised of 2 different assets. One of the assets is Class A, and built 5 years ago. The other property is a 70's product that just got repositioned to a Class B p...
i have single-member LLC rental generating income on the side operating as STR. From the single-member LLC, i pay myself 100k last year to max out on the solo 401k contribution, while still having a W-2 as an enginee...
To get started in real estate investing, I am creating an LLC. In order to start, I will need to give my "LLC" self some money from my "personal" self for down payments, rehab costs, etc. I would like to eventually ...
Hello all,
Thanks in advance for any replies.
I have one full-time person who helps me in managing my business. I also have a part-time maintenance person. I have been thinking of hiring the part-time person full-ti...