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30 May 2024 | 0 replies
I'd also love to hear about your journey in real estate and how you got started.To be clear, I’m not seeking funding, employment, or any commitments from you.
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31 May 2024 | 187 replies
I had to get a w2 to get out of the mess I got in being self employed in RE.
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30 May 2024 | 4 replies
In all honestly in your situation, I wouldn't put any money into real estate until securing stable employment.
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31 May 2024 | 25 replies
Fast forward to now, a fresh 24-year-old, recently booted from my cushy W-2 job paying $80k/year, left to ponder the meaning of life and the potential of my bank account.Now, I find myself in the trenches of self-employment at my buddy's small business lending firm, with a 1099 in one hand and $75k in student loan debt in the other.
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29 May 2024 | 4 replies
The LLC has no impact on the effective tax rates.Also if you acquire a property for the purpose of flipping, that will always be Ordinary Income, also likely subject to self-employment taxes.That particular sales event has no impact on the taxation of your normal rental income from other properties.
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29 May 2024 | 3 replies
Also something I am wondering is would I need to provide proof of employment in the state I’m trying to move into?
30 May 2024 | 3 replies
Population is growing aggressively and jobs are moving here especially with major employers like Intel, Google, Amazon, Nationwide, etc.
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29 May 2024 | 0 replies
In our whole-tailing deals, we employ a double closing strategy, which distinguishes us from regular assignments.
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29 May 2024 | 0 replies
In our whole-tailing deals, we employ a double closing strategy, which distinguishes us from regular assignments.