Thus, S-corp becomes more valuable once you start making more money.Any advice contained in this post is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter that is contained in this document.

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If your entity was the manager/sponsor, you can mirror your typical promote structure in the TIC agreement.

We never had to look at our tenants faces, never had to watch them chew their food and never had lengthy conversations.When you share a kitchen or other rooms everything gets too personal and you have to listen to all their personal relationship, work, health and mental problems.

I, since I was young, had this bug and desire that I could not erase to study medicine.The analytical side of me says the opportunity cost monetarily, mentally, and physically to go through pre-med, med school, residency - it is ridiculous.

It's only now as I've mentally gorged myself on all things real estate that I know how vague that ambition really was.

I, since I was young, had this bug and desire that I could not erase to study medicine.The analytical side of me says the opportunity cost monetarily, mentally, and physically to go through pre-med, med school, residency - it is ridiculous.

This is a great starting point and a helpful mental model of how to think about renovations. 

Hi there I am an aspiring business owner and investor who grew up in a very working class family and one of my biggest mental hurdles is getting over asking people to invest in my investments.

If they don't accept it, call a lawyer and go ahead mentally write off at least $2k on legal fees and the next several months in income.