3 March 2018 | 2 replies
Manuel Lam If you are a business owner there are some pretty awesome retirement structures you can set up to reduce your tax liability now as well as to grow your wealth tax-deferred (which makes a huge difference over time than paying taxes on your earnings every year).Or of course you could just take distributions out of your business and invest personally without respect to the business.
9 October 2018 | 9 replies
The situation you described is a horrible CoCR #, which sounds like you're in it for cash flow so I highly recommend setting one of your investing criteria to a certain CoCR %.
12 March 2018 | 7 replies
Hello All, I gave a tenant their 30 day notice 40 days ahead of time, the lease is set to expire on the 15th of March.
12 March 2018 | 7 replies
A lot of times it is really hard to set up showings for all 3 units, especially at the same time.
4 March 2018 | 3 replies
My question is: what is the best way to set up the property within my existing LLC structures.
3 March 2018 | 3 replies
Note the the law sees it different (they see an single member LLC as a different entity and hence you get asset protection...if everything is set up right).However, the IRS disregards the single member LLC for tax purposes.
7 March 2018 | 17 replies
I set up a really simple wordpress website for myself that show the properties that I have, but then if someone wants to book, it directs them to Airbnb.
6 March 2018 | 8 replies
What guests will not forgive is not setting the right expectations.
3 March 2018 | 2 replies
Furthermore, unless you set up the property insurance correctly, you could end up without coverage in the event of a claim if the property is deeded in the LLC and insured personally.Happy InvestingDerek Dombeck