5 May 2024 | 5 replies
These are strategies used to use a loss to offset active income you might have from something like a W-2/1099 employment/contractor position for example.
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4 May 2024 | 6 replies
Cross reference with employers with higher education off linkedin (use an API), and see if there's a correlation between housing prices in districts which are being gentrified, school ratings over that time period, and housing prices (in fact maybe there's another correlation between if these employers work for recently IPO'd companies and are exercising fresh options to purchase real estate).
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5 May 2024 | 3 replies
This is however one of the main reasons self-employed persons report having issues with banks – NOT ENOUGH TAXABLE INCOME.
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4 May 2024 | 15 replies
The collection agency might also be able to get in contact with the IRS or employer to garnish wages, but if there isn't any money to begin with, it is a waste of time.
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3 May 2024 | 35 replies
I have not called anyone since he just completed his application form tonight so tomorrow i will call the place where he got accepted at and will start employment on March 11th and also call his previous employer.
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4 May 2024 | 12 replies
Find employment where you can also work from home. 3.
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3 May 2024 | 12 replies
DSCR: your income, employment history and DTI will not be considered, so the paperwork is lighter compared to the other 2 options.
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5 May 2024 | 17 replies
References for this include IRS Tax Topic No. 414 which details when to use Schedule C for rentals, and IRS Letter Ruling 202151005 which details when self-employment tax is applicable to rentals (which is equivalent to choosing Schedule C vs.
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5 May 2024 | 41 replies
@Jake Posnerstrongly recommend looking closer to home - OOS investing is more difficult than it's made out to be. andwith rates where they are, there's just about no cash flow right now unless you employ a creative strategy or a combination of creative strategies.if you just buy any old property in any old market, you're not going to cash flow.
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3 May 2024 | 30 replies
@McElroyI believe the IRS has taken the position that Airbnb income is active and is subject to self-employment tax.