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.
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I have been using the wholesale strategy for about 5 months now but i cannot seem to find any deal i had two contracts but both fell through and now all I have to invest is about 50 bucks please tell me some free t...
I read online that:
"Fannie Mae agreed yesterday to become a “national landlord,†by support the first initiative designed to rescue renters facing eviction all across the country. The mortgage giant will sign mo...
Here is why (I believe) sending multiple mailers to the same group is a bad idea. Keep in mind this is my take on it. Use your own logic before you just blindly follow what everyone tells you to do (me included).
1...
Have a friend who wants to wholesale. I wasn't quite sure as to the first step. Curious how people here find their inventory? Anyone using online platforms for property identification? What are the next steps?
So, for those of you who have rentals in that area, are they paying out your nightly rate? I know they are refunding to guests. https://www.reuters.com/articl...
I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...
We have all heard the saying that you are the average of your five closest friends. Lately this has had me thinking about that. For me the people I am around the most are the people I work with at my job and my wife...
Hey everyone, new here and have a few questions.. Here's the situation.. My father owns a business which is he getting ready to retire from, we own the property also which is a little less than an acre. No one looking...
My husband and I live in the Houston area and are wanting to purchase a house (not a condo) in Galveston, TX. We love the historical looking houses, so not beachfront or anything. We plan to market it as a STR, and oc...