Was traveling abroad with no access to an iron and wrinkled clothes. A hair dryer, which is available in most hotel rooms, on hot acts like a dryer to unwrinkle clothes. Worked to get most of the wrinkles out, especially for cotton.
Curious to what other people do when completing a book. I've found myself diving right into another one and sometimes even researching my next read towards the end of a book but when I do take a few days to reflect on a book I have a much greater appreciation for it.
Is it legal to purchase a residential building, say 2 family house in NYC borough, and renting it to yourself?
Myself and a partner are incorporating an LLC for real estate investment and are thinking about buying a building and each being the 2 tennants of the apartments. Are there legal ramifications? Is this something that is common practice?
Appreciate any advice!
I own an S Corporation that I use for some freelancing once in a while. The money I bring in is sporadic and usually not over $10k/year. I set up the corporation so I wouldn't have to pay individual taxes on the earnings.
I have a project that will net me around $3k. Can I pay myself that $3k as an owner without penalty? Obviously I would need to pay the corporate tax rate on it, right?
Sorry for the ignorance. I did a bunch of Google-ing but all the articles I found say pay yourself a reasonable salary as an employee but I do not have steady income to take salary bi-weekly or even quarterly.
TLDR I have work fulltime as an employee at a company I do not own. I have an S-Corp that I use for random freelance jobs that come in.
I want to pay myself the money I make from these random projects less any taxes I need to pay.
How can I do this the right way?