I know there are various ways to skin this cat and I’m hoping some owners will chime in with how they do it and what they think the pros/cons are of that method.
The question is: How do you pay yourself as an owner? Do you put yourself on payroll and receive W2 income? Do you have your MHP structured as a disregarded entity (like a single member LLC) so that the income all just flows through to your personal return? Those of you in LLPs and multi-member LLCs, do you just take it as K-1 income? However you are doing it, based on your experience, what are the pros and cons of doing it that way?