Sean H.
Help me understand S-Corps better
As it relates to being the sole owner of the "corporation."So, for my question lets say i hypothetically made 100k for the year. I read that is best keep wages and distributions equal to avoid a red flag from the irs....
Matthew A Kelly
Small business retirement plan
I own a rental property via an S corporation, and was curious if I could set up a 401K for myself as both employer and employee. I already have a 401K at my primary job, and max that out, as well as max out a Roth IR...
Alberto Escareno
Self- employment, beginner investor
Hello guys I'm from New, Mexico I'm currently going on 4 months of being self employed. How will banks look at this. Will I still be able to get a good loan for a property. What banks are good to get a conventional lo...
Vince DeCrow
Benefits of Investing in Private Real Estate
Private real estate offers many benefits to individual investors, such as high returns, portfolio diversification and tax efficiency. Institutional investors have long understood the merits of this asset class, and re...
Michael Plaks
No, it is NOT too late to establish and fund your 2020 401(k)
I had three clients by now who were told by three different IRA/401k custodians that it's too late to set up a 401(k) for 2020. They were WRONG! You still have time, most likely.
Yes, it had been a well-known rule th...
Shannon Wright
S Corp or LLC ?
So, I am going to be starting an entity to initial handle Network Consulting Fees, etc and build out to property holding in a couple years. In the meantime, I need to keep the funds out of my personal bank account, et...
Steven Zai
LLC taxes and Foreign Corporation registration
Hi,
I had a quick question about filing state taxes and registering for a Foreign Corporation License (if this is even needed).
I live in NY and registered my LLC as a Sole Proprietorship here in NY however all my r...
Chuck M.
Income Taxes for Investors (Northern Ontario, Canada)
Hoping for some of the more experienced REI's could provide some guidance.
My wife and got into investing almost by accident. Her parents needed housing and we wanted to control & subsidize their cost of living t...
Bernie Huckestein
"S" vs llc
I posted this on another BiggerPockets Forum and did not receive any replies...so I will try here:Starting out with a buy and hold real estate strategy...mostly single family or small 2-4 unit multi...currently my (u...
Kirsten Braddock
Best business entity for wholesaling?
I'm looking to set up a business entity for wholesaling. Should I use an LLC or a c-corp or s-corp. Any recommendations? I've also been looking at using services from either Anderson Advisors or ProVision. Has anyone ...