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Tax Benefits of an LLC for Rental Property
Business
Rick Mak

Tax Benefits of an LLC for Rental Property

From 2001 to 2021, the share of rental properties owned by non-individual investors went from 18% to 27%, and that number’s only growing. That doesn’t necessarily mean that fewer individuals are investing in rental properties; rather, it means that many

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Does a Sole Proprietor Need a 1099
Business
Rick Mak

Does a Sole Proprietor Need a 1099?

A sole proprietorship is one of the easiest types of businesses to create if you’re pursuing a passion on your own and want to make money from it. It’s an unincorporated business, but you can always change things in the

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How to Start a Pressure-Washing Business
Business
Rick Mak

How to Start a Pressure-Washing Business

Depending on the size of the house, it can take anywhere between 1.5 to 8 hours to pressure wash a house. Most homeowners won’t want to bother with this, which means that in most neighborhoods, the properties may look worn-out

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