Posted by chet on December 27, 2004 at 14:29:28:
It’s possible to have both the c and s-corp own by 1 entity, and then distribute the pay from there.
One does need to be concerned about the concentration of liability w/ the single holding entity.
How do you pay yourself from R.E. monthly profits? - Posted by Natalie
Posted by Natalie on December 24, 2004 at 02:48:49:
I receive approximately $3k a month ROI from my apt complex (held in a S Corp). How do you suggest I pay myself? I have another C Corp that is currently taking a loss…
Do I just write myself a check each month? Not sure what to do.
How do you pay yourself from R.E. monthly profits? - Posted by chet
Posted by chet on December 24, 2004 at 08:44:50:
have you looking into consolidating the holdings into one entity?
Check out http://sites.wsupdate.com/smscpa/index.cfm?fuseaction=browse&id=1786&pageid=42 which I found helpful.
Re: How do you pay yourself? - Posted by Natalie
Posted by Natalie on December 25, 2004 at 14:11:00:
How would that work? I have a commercial bldg. in LP run by C Corp and apts in S Corp.
Thanks!