But if employing your family works for you and for them - great, go ahead.

For example: A small town has a large employer close down.

I grew up in that area, and it's not great - declining population, stagnant economy that relies on 1 major employer (Caterpillar).

What do you file for this "income overseas," do you file SChedule C self employed on your personal 1040 tax returns ?

Ongoing construction projects valued between $26 billion and $30 billion fuel employment opportunities.

Registration and Financial Considerations for the Second Company:Is it possible to register the second LLC on the property (as part of the 50%-50% model) if it does not yet have an EIN (Employer Identification Number)?

Distributions from a regulation d fund like this should be treated as passive income and therefore not be exposed to self-employment tax.

As far as waiting until you graduate: either option would work but I would imagine your biggest obstacle at the moment would be that you do not have a set record of wages from an employer.

If they don't have assets or well paid employment, I would consider the offer of the payment plan.

And here is a PDF explaining it for both Fannie Mae and Freddie Mac: https://www.radian.com/-/media/Files/Enterprise/Training/QRG...Understanding Foreign Income Foreign income is defined as income earned by a borrower who is employed by a foreign corporation or a foreign government and is paid in foreign currency.