All Forum Posts by: Martin Vilarino

Hi BP community,

I just had my first conversation with my dad and step mom about real-estate. It was energizing! We chatted for 3 hours about the 1% rule, FHA loans, how to reach FIRE with real estate, cash flow rental properties, and much more. I'm tremendously inspired!

Go tell someone who cares about you about your dreams. It helps to fuel them, give you additional perspective, and to keep you accountable! :)

@Bob Norton makes sense! Thanks so much for your reply!

Thank you so much for your responses. This is very helpful! What I'm deducing is that someone who is self employed will pay more taxes than somebody who makes the same income through an employer, because the self employed person is responsible for both the employer and employee portion of SS and Medicare? Except for any income above SS tax ceiling, where SS is no longer applicable. Sound about right? 

Hi BP community,

Does anybody know how the self employment tax works? I know it's 15.3%, but does it apply only if you have an LLC? And what if you currently have a full time job? Thanks so much in advance!

@Lior Rozhansky

Thank you for this info! It makes so much sense!

Happy holidays!

Hi Ben, Lien, Philip and Dimitriy: thank you so much for your responses! Very informative and welcoming :) I hope to connect more in the future!

Hi! My name is Martín, and I'm new to Bigger Pockets. I currently live in Boston, which has really high real estate prices. Any tips or advice on investing in the Boston area? I've been looking into BRRRR or short term rental opportunities. I appreciate any input or good ideas :) Thank you so much!