Earned income is W-2 compensation to an employee or income that is subject to self-employment taxes. 

It’s important to highlight several key restrictions that apply to the Affordable ADU:No Related Renters: The Affordable ADU cannot be occupied or leased to the owner, any relatives (by blood or marriage) of the owner, anyone employed by the owner, or anyone connected to any entities involved in ownership of the property.Student Dependents: The Affordable ADU may not be leased to student dependents, as defined in the U.S.

I guess the big question that I have is this: are you still with the employer that you have the 457b plan at?

If you are in the corporate world and are tired of having to go into the office or having zoom calls in your underwear with a nice shirt and tie on or if your are self employed, what are your options for retiring early?

Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

Research rates for a payroll service for your employee that can handle your federal state and local employment taxes / calculations Know your federal state local and county tax requirements as well as whether you must have workman's comp for the person or not.

If you make $200k a year, that's $100/hr your employer is paying you. 

Secure W2 employment, tackle side gigs, save religiously, build your credit, and house hack your first deal utilizing an owner-occupied investment loan.

Are you employed?

I'm looking to convert my IRA (just rolled over my employer 401k) into a self directed IRA so that I can invest in real estate through that vehicle.