Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Should I Go Back To W-2? Or Stick With 1099?
Hello , I’m new to real estate and looking to close on my first property by 2022 . Here’s my question .. Should I get back in the workforce as a W-2 employee ? Or should I continue working as a courier where I can accumulate cash faster for my first property .
I previously was let go due to Covid about 4 months ago working as a plumber W-2 making a salary of about 50k after 3 years with this company. Started this delivery job making a salary of about 70k (1099). I’ve had income from this delivery job in the past while working as a plumber during my free time .
So far I have about 25k saved up towards my first property .