Jon Coleman
To B or not to B.....Corp
I am interested in potentially starting a benefit corporation but am unsure if it really makes sense to incorporate that way in this industry. I found a thread from about 8 years ago on the forums discussing benefit ...
Brian Orr
How to pay employees with more than one business?
What I'm trying to understand is the employer side when you have multiple companies (I don't just mean multiple LLCs for properties), and are working in and hiring people that work in both. For example:
I have a real...
Shane Moss
Meal Tax Deduction Clarification
I'm trying to make sense of what I'm reading about deducting meals. It looks like I have to be on a business trip in order to take the deduction. Is that right? Here's my scenario:
I'm getting ready to take posses...
Dan Bosak
Hire Property Manager or Hire Employees?
I have been self managing my properties but now with > 50 units and growing, I am at the point where I need to either hire a 3rd party property manager or hire employee(s) to basically create my own. Any suggestio...
Manmath D.
Switching to SDIRA, finding sponsors and getting into MF
I wanted to know your thoughts on this. I was thinking of moving close to $200k from an old 401k account into SDIRA. I’m not much familiar with SD custodians. Only one I know is Speciaized trust company. Do they vary...
Sam Johnson
Business Income Insurance Coverage
Does anyone have any insight into if business income coverage has kicked in for their STR insurance policy. We have a policy via CBIZ/Tudor Insurance and our contact is claiming that COVID-19 loss of income in not a ...
Bryan Hancock
Tax Advantages For Whole Life Insurance Policies For Those With Payroll
In a separate thread there was a discussion of using whole life insurance to shield income from taxation for business owners with a payroll. My understanding is that this technique is used so that the owner with payr...
Logan Reinard
Am I about to commit tax fraud...?
I have the opportunity to purchase the (commercial) building that I have a business in. We currently pay $650/mo in rent.Our business is set up as an LLC.We could purchase the building for $92K which would have a low...
Rochelle Gerber
Has anyone moved their 401K to a self directed real estate one?
I may leave a current employer and therefore I believe I will be eligible to turn my 401k into a real estate investment product. Pros and cons? ability to use the whole amount and how so ?
Bruce Woodruff
Unusual reasons for guests renting?
I just got a booking from a nice lady for next month. This was a new one for me.....she is in town to do a 91k trail run. Yes you heard that right.....91k. (I looked it up and that's 56 miles)...and not on the street,...