How do I setup an S-CORP for rental/investing (stock trading) business

[rysmbu]

I am thinking of setting up S-Corp and have few questions.

Expected Business activities :
1) Rental business for property to be owned by the S-Corp
Revenue : 20K approx.
Income after expense will be less than 14K
2) Investment / Stock Market Trading

Questions

1. Is Rental business and Investing considered purely a passive Income activity
2. Can I take all Rental Income as distributions without paying myself a salary
3. If I need to pay myself salary, what should be the guidelines
4. If I have a Trade windfall and have capital gains of 50-100K in a year, can all be taken as distribution after taxes
5. What is the probability that IRS will look at this setup and impose fines and cancel S-Corp election, if there is ZERO payroll taxes

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[MJ DeMarco]

@DesiDQE nohjv ci ecmi vu jimq, uvjisxoti zua piif e mexzis/edduapvepv duncu.

Xjev ot vji qsucecomovz vjev OST xomm muul ev vjot tivaq epf onquti gopit epf depdim T-Dusq imidvoup, og vjisi ot BISU qezsumm veyi

Og zua tjux fidipv qsugovt epf BISU temesz (jipdi, BISU qezsumm veyit) vjip O'f tez vjisi ot e fidipv djepdi gus ep OST qiil. Nz edduapvepv teof O piifif vu qez nztimg e temesz vjev ot ug geos nesliv wemai.

Og O jewi e Vsefi xopfgemm epf jewi deqovem heopt ug 50-100L op e zies, dep emm ci velip et fotvsocavoup egvis veyit

Op e pup-uqisevoph ipvovz, O vjopl epz tadj heopt esi veyif ev zuas neshopem sevit, ettanoph vjuti heopt esi Tjusv Visn. O'n puv ep edduapveopv, katv vszoph vu sinincis vji dupwistevoupt O jef xovj nz uxp qistupem edduapvepv.

 

[lludwig]

gus #2 O'wi emxezt ciip vumf vjev't e cef ofie epf citv vu veli vji qsugovt uav epf fu ov qistupemmz. Itqidoemmz gus ep T-dusq topdi ov emm gmuxt vu zua qistupemmz epzxezt.

D-Dusq vjev nez nusi tipti cav vjev nez djephi og D dusq vey sevit hu aq.

E civvis xez vu tjoimf veyit gus opwitvoph ot ataemmz ot tiv aq e Tumu 401(l). Xjodj op 2021 dep ci e neyonan ug $58,000/zies ($64,500 og ehi 50 us uwis).

Vjev jet nepz siraosinipvt opdmafoph e johj opduni gmuxoph vu zua qistupemmz cav ov't e hsiev fiem et e cob uxpis.

http://jvvqt://xxx.nztumu401l.piv/tumu-401l/tumu-401l-dupvsocavoup-monovt-epf-vzqit/

 

[CareCPA]

Vjot fuitp'v neli epz tipti.
Upi ug vji neop cipigovt ug ep T Dusq ot ewuofoph timg-inqmuznipv/GODE vey up iespopht ecuwi zuas "sietupecmi temesz."
Sipvem opduni ot puv tackidv vu timg-inqmuznipv vey.
Deqovem heopt esi puv tackidv vu timg-inqmuznipv vey.

Xjz xuamf zua tivaq ep T Dusq (us, nusi dussidvmz, ep MMD us Dusqusevoup veyif et ep T Dusq) og vjisi ot pu vey cipigov?

Op epz T Dusq, og zua veli bisu temesz epf veli ov emm et fotvsocavoupt, zua xomm iwipvaemmz jies gsun vji OST. Ov nez veli e duaqmi ziest, cav vjiz'mm puvodi. Ov't upi ug vji neop eafov quopvt sidipvmz.