Message from @wͫ́í̯̭̭̆̾nͣͣŃT̥̥͕̈́.exͯ̈́̉e͋͆̐ͮ

Discord ID: 509710837410430979


2018-11-07 12:44:10 UTC  

federal? I think 5 reps

2018-11-07 12:45:03 UTC  

yea man, not really the federal results im railing over

All of you current and fedral districts have been blue for the last 4 terms

theres only 5

2018-11-07 12:45:46 UTC  

thought for sure we'd flip the gov

2018-11-07 12:45:51 UTC  

yea our senators too

2018-11-07 12:45:58 UTC  

they werent going anywhere

Its your fault for sitting on 1/2 a million loan

in a state with that type of history

2018-11-07 12:46:24 UTC  

oh, i see

Two of them have been there since 1999

2018-11-07 12:47:06 UTC  

bought 2 houses out of forclusure for nothing. made them nice. live in one. rent the other

2018-11-07 12:47:24 UTC  

literally nothing other than communist takeover makes that bad decision making

2018-11-07 12:48:00 UTC  

yes, they are very entrenched, ron, that's why we need the world to know what we know

2018-11-07 12:48:22 UTC  

that's how they are able to make the vote count out to whatever they want

another 10% income tax deduct en route

also start an S corp to transfer the rental over to

2018-11-07 12:48:43 UTC  

not without the house, lol

Put your personal home in another S corp

2018-11-07 12:48:54 UTC  

its in an scorp

Mark down the "losses"

2018-11-07 12:49:08 UTC  

Yes! Listen to Ron!

2018-11-07 12:49:08 UTC  

🆙 | **S0NS0FLIBERTY USA leveled up!**

https://cdn.discordapp.com/attachments/489837874393645066/509710901398732811/levelUp.png

2018-11-07 12:49:09 UTC  

they're actually both in a property holding llc

2018-11-07 12:49:16 UTC  

👏🏻👏🏻👏🏻

2018-11-07 12:49:21 UTC  

ive been in it a while kids.

Problem with an LLC is profits go to employees

2018-11-07 12:49:52 UTC  

waking up to an instant 40k reduction in value over the two houses your trying to sell is still a boninc

S corp gives you more flexbility

2018-11-07 12:50:01 UTC  

there are no employees

2018-11-07 12:50:04 UTC  

two officers

2018-11-07 12:50:08 UTC  

my dad and I\

then if your transferring real estate you can o a 1031 exchange

2018-11-07 12:50:12 UTC  

it all shakes out the same

2018-11-07 12:50:17 UTC  

we have a couple s corps as well

Start a rental mgmt S corp

charge "fees"

2018-11-07 12:50:33 UTC  

yea, thats the property management, co

2018-11-07 12:50:42 UTC  

Honestly, the new tax laws make the C Corp the best way imo. Just keep it in your Corp.