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Updated almost 14 years ago,

User Stats

42
Posts
4
Votes
Tamarra Banks
  • Real Estate Investor
  • Baltimore, MD
4
Votes |
42
Posts

Assignment fees and IRS- self employed,2nd income???

Tamarra Banks
  • Real Estate Investor
  • Baltimore, MD
Posted

How do u classify your assignment fees as income? do you have an llc or get checks written in your name? Ive already had a horrible experience with IRS after winning a vacations prize not knowing it would be added as income and i ended up owing big time. Im just starting to actively pursue deals and dont want taxes to eat me alive,lol

Tamarra

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