Sean H.
Full 1099 w/ S-Corp, do all employer contributions apply for me?
I saw something recently where the CARES act added in last year that an employer can contribute up to 5,250 each year until 2025 towards student loans, and the money becomes a full write off. My company is just me an...
Jess White
What rental REI expenses can I deduct while still a W2 employee?
I am currently still a W2 employee while building my real estate business out of My question is this, what can I write off on my taxes while I am still a W2 employee and not considered a "Real Estate Profressional"? I...
Chris Gould
Accountability for your team!
I run a virtual team, meaning everyone lives in different places around the country. We have a call recording system and access to everyone’s email but I’m curious what other remote business owners are doing to kee th...
Johnny Thompson
Smartest place to keep my money?
Hello, I'm looking for some advice on my situation as a 28 year old. My real estate goal is to buy enough cash flowing rental properties to retire early and I should need about 10-12 to reach this goal. My short term ...
Julio Gonzalez
Why the ERTC is important to your company!
The Employee Retention Tax Credit (ERTC) was created as part of the CARES Act. The purpose of it is to incentivize bosses to keep their employees on the payroll even in the midst of the terrible impacts the businesses...
Jim Erickson
Accounting System
Will be purchasing commercial property and will have one employee at the start and hopefully will grow the number of employees in 2-3 years. I would like to do payroll as easy and quickly as possible. I know there are...
Joshuam R.
FL SMLLC > EIN > AS INDIVIDUAL OR CORPORATION
Hello all, will be continued full time W2 employee but also starting new LLC single member. Next hour or so will register EIN with IRS, best selection I have found during discovery is to establish it as either 8832 or...
Julio Gonzalez
Tips and Important Dates for ERTC
First off, many people ask where the Employee Retention Tax Credit (ERTC) originated from?
The Employee Retention Tax Credit (ERTC) was created as part of the CARES Act. The purpose of it is to incentivize bosses t...
Tom C
Subcontractors without Insurance
I am hiring my brother inlaw and his crew to do a tear off and new roof on one of my rentals. In most cases, I wouldn't be too worried about it, but he is talking about using 7 guys. All of these guys do this work on ...
Keith T.
Liability related to day labor injuries
In regards to using a handyman or simple day laborer for small projects, what can I do to limit my liability? Say if a worker I hire for yard work cuts off a toe, will my property liability insurance cover something l...