All Forum Posts by: Chuck Win

Thank you Mr Plaks

Great Advice Eamonn & Micheal, I have had my properties for 15 years. No issues but always looking for any Advantages or loopholes, thank you very much appreciate the quick response. Chuck

I have 4 rental properties, All managed by 2 different Companies, One property is paid for, other three I have mortgage. My three mortages (3 different mortage companies) will not allow LLC or S- Corp, Question 1) I was told that S corp would give me a tax advantage ? by subtracting rents or maintenance cost from my W-2 job, I carry a Million liability on each property very cheap. Question 2) which Corp should be created and would I have to Refi or pay off the mortage to create a Corporation . Thank you

Thanking all for your advise

Hello Adam Would you have any Contacts for Handyman for west side of Indy ?

Hello BB folks I am looking for a handyman on the west side of Indianapolis suburbs . That returns phone calls and who does not charge Doctor rates thxs

Ok thanks folks you have all been very helpful. I guess I don't have to tell you how hard it is to find Property mang co. That are willing to take care of someone else's Investment. Thank you all!

Hello BB Folks Currently I have a side by side Duplex and A Property Management Co. that handles the rental. Question, Rent is due on the 5th of every month but I do not receive Money until the 19th to 21st of the month is this normal. What should I expect in basic terms from a good prop mang co. ? Thanks