Christopher Erwin
How to Get a Mortgage without W2 Income
A critical element of RE investing is access to good financing; rapid lender approvals and good terms provide an investor significant advantage in winning deals and generating strong ROI.For first-time investors or th...
Daniel Fitzroy
it's been a while since ive been on here but I started a business!
Hi everyone,I haven't been on this forum in about 3 years or at least it seems. I want to thank you guys for answering some questions I had and just share the good news that I fired my boss and stopped being a typical...
Matthew Shay
Real Estate Agent forming an LLC w/ S-Corp Status
I am interested in forming an LLC w/ S-corp status for tax implications. The idea would be to build a team and protect my brand. I have heard some people say that forming an LLC is mainly for legal protection and othe...
Mike Nelson
Any Florida single member LLC taxed as S corp do own payroll?
This is my first year as an LLC taxed as an S corp. I am a single member LLC and anticipate not paying myself until the end of the year. I use to report on Schedule C, but now will be using form 1120 to report the e...
Matt Rhoney
Short-Term Capital Gains - Regular Income?
I have a quick question as to how the short-term gains are taxed (ie tax bracket). I've flipped a 2 properties under my LLC this year (outside of my regular W-2) and trying to get an understanding of what to expect.
Pedro Cardoso
Prop Mgmt fees for 30 units apt
Hi everyone, I am looking into a 30+ units asset in San Antonio TX, and I was wondering what is a comparable property management fee. Looking at the forums I saw that 100+ units go for 3-5%, while SFHs go for 8%-10%. ...
Donna Williams
California resident with WY parent CA sub LLCs
Fine with paying normal CA operating taxes and reg as long as it's once per year not two hits. No active business in WY. It's exclusively for holding purposes for anonymity. If I use this structure will I pay $800 fee...
Char Bacheh
didnt take a wage from my s-corp
i opened my corp in July and wasn't able to take a wage as the corp made like 6-8k can i just take a distribution, what would you recommend i do?
Chase Gochnauer
Capital Expenditures versus Expenses / P&L
Hey all,I have a good sized portfolio, approx 300 units. I have W2 staff managing and maintaining the units.We have recently run into an issue where our P&L looks a bit rougher than it should. One main reason for ...
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...