Michael OPhelan from Realtor, Edina Realty, Lincoln Lakes Specialist

Michael OPhelan

Realtor, Edina Realty, Lincoln Lakes Specialist

About Us

I am a realtor representing buyers and sellers primarily in middle Minnesota with a special emphasis on Lakeshore properties in the Lincoln Lakes area, including Fish Trap, Alexander, Shamineau and other small lakes nearby as well as riverfront properties. My engineering background allows me to do detailed market analysis and I am an excellent negotiator for my clients. I look forward to working with you!

Recent Activity

Michael from Realtor, Edina Realty, Lincoln Lakes Specialist Answered this on February 02, 2024
Its somewhat confusing but not hard.  You need to decide first why you would want one.  In my case, it made sense in order to establish a payroll for tax purposes.  I know of realtors who have them and have no idea, they do cost some money and require a rather complex tax return so make sure you... (more) Its somewhat confusing but not hard.  You need to decide first why you would want one.  In my case, it made sense in order to establish a payroll for tax purposes.  I know of realtors who have them and have no idea, they do cost some money and require a rather complex tax return so make sure you know why you need one and that it is worth it!