Real Estate Rewind Starting over http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book Good luckPaul

Real Estate Rewind Starting over http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book Good luckPaul

(per 2 CPAs)(Yes "we" can) thus taking a substantial hit on the profit vs. the normal "earned income tax" like I originally thought.Would it make sense to have the LLC file under an S-Corp in 2015 in preparation of selling 2 houses, pay myself 1/3 profit as salary, then the other 2/3s would stay in company/ and eventually be paid as dividends thus saving from self-employment tax/ Newere Obama Tax and possibly if held for over 1yr tax drops to 15%?

get it to the title co and have them start the work.Make sure they file a memorandum in the county so other people cant try and go around you.START MARKETING!

When you file taxes, you can file under your personal taxes.Btw, this is not legal or financial advice; please see an attorney to help you set up your business entities correctly and seek advice from your CPA/Accountant for your taxes.Best of luck!

We will buy the LLC and transfer the entity using the Texas amendment (Form 424) and file it with teh state. 

Real Estate Rewind Starting over http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book Good luckPaul

You don't even have to go to court, they file, evict and schedule the Sheriff for lockout if it gets that far.

This left me with the debt and the need to file bankruptcy.

Real Estate Rewind Starting overhttp://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-bookGood Luck Paul