All Forum Posts by: Syed Aftab
Syed Aftab has started 3 posts and replied 3 times.
Post: Will AI cause a housing recession?
- Chicago, IL
- Posts 3
- Votes 1
Goldman Sachs released a reporting stating that 300 million jobs will be replaced or displaced by AI in the near future. If this happens we will see a severe housing recession because people won't be able to pay rent or mortgage payments. Anyone concerned about this?
My bank account charges a $15 wire fee when the property management company sends me rent income. Does anyone have suggestions for banks that don’t charge wire fees and have low minimums?
Post: CPA vs Attorney to start LLC and S corp.
- Chicago, IL
- Posts 3
- Votes 1
I currently have one rental property and also work as a 1099 contractor. I would like to create an LLC for the property and also probably an s corp for my contractor position. I would like to then acquire additional properties in the future. Is it better to work with a CPA, attorney or both?