This is however one of the main reasons self-employed persons report having issues with banks – NOT ENOUGH TAXABLE INCOME.

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.

Find employment where you can also work from home. 3.

DSCR: your income, employment history and DTI will not be considered, so the paperwork is lighter compared to the other 2 options.

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.  

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.

@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.

Employing conservative underwriting, maintaining a DSCR of at least 1.5, consistent reserves, never using floating rates, and limiting leverage to 65% loan-to-cost ratios.6.

@McElroyI believe the IRS has taken the position that Airbnb income is active and is subject to self-employment tax.  

Population is growing aggressively and jobs are moving here especially with major employers like Intel, Google, Amazon, Nationwide, etc.