Giving yourself a W2?

[Kevin Harrison]

I was wondering from some of the more experienced investors, is it possible to pay yourself a "salary" and give yourself a W2? This would be coming from your LLC I assume.

The reason I ask is because I know there is a period where you jump to REI full time and are too small to justify loans just based on your experience alone. Many lenders do not want to make a loan to someone in this position without a W2 income, do you think that this might solve that problem? and what about the tax implications of now having "earned income"?

This is all just hypothetical, but I am curious.