
21 June 2016 | 7 replies
Plus, they have more generous coaches that won't withhold info or treat you like you're second class because you're a noob.

16 June 2016 | 3 replies
For example, let's assume my day job satisfies my social security tax and the wholesaling business does the following:Makes a 100k profitPays me a salary of 50kPays medicare tax on this employer and employeeThe 50k profit would get taxed via a k-1 and be subject to federal and CA tax but not medicare tax.Same as above without the S-election:I pay federal/CA/medicare tax on the 100k profitConclusion: The S-election saves me 1,500 in tax (3%* 50k) then I have the cost of preparing the S-Corp tax return 1k-2k (i live in SF) and I would have to pay ADP or another payroll provider to handle my paychecks/withholding W-2 etc that is another 1k or so.

11 July 2018 | 26 replies
They stated they waited several days before telling me and this has been a ongoing situation for 6 months and they had to evacuate the property due to feeling sick and it being unsafe and they are legally allowed to withhold rent from me.

16 January 2018 | 273 replies
If you withhold information on a 1003 Loan Application it is fraud by deceit (a lie) and actually a Federal Crime.

12 May 2020 | 7 replies
Also, making money with them in the US can trigger withholding when collecting rents and selling/disposing of property.

4 December 2017 | 37 replies
In my state they cannot withhold rent just because of a power outage.

16 November 2014 | 10 replies
It's all about the nuance of what you demonstrate by your behavior.Holding time is not the gold standard for 1031 exchanges but depending on your business model the holding time absolutely can be used to change recognition of gain from ordinary income to a capital gain - talk to your accountant to see where you would fall.Most industry professionals are not overly concerned with holding periods of greater than one year qualifying appropriately for 1031 exchanges.

25 August 2024 | 7 replies
Of course he also withholds half the rent.

27 August 2024 | 11 replies
Also note that he cannot withhold rent from you.