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2 October 2018 | 7 replies
Because we both work short term contracts, we cant show employment by one company for the last two years like all conventional lenders require.
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1 October 2018 | 1 reply
Hey guys,If you were attempting to do business in the high end rental market what methods would you employ to get started.
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3 October 2018 | 5 replies
Solo 401k designed for those who are self-employed or own a small business with earned income and no full time employees (investment income won't qualify).
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2 October 2018 | 3 replies
That is exactly why the government wants an employer to withhold with each paycheck.
24 April 2019 | 2 replies
Since this is not a true expense where money is actually paid, lenders will add back depreciation expense for self-employed borrowers and count it as income.discount pointsIn the mortgage industry, this term is usually used in only in reference to government loans, meaning FHA and VA loans.
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25 October 2018 | 55 replies
For some reason ppl try to devalue self employed folks as if the jobs they complete are not worth anything.
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11 October 2018 | 11 replies
I've been pondering how to adjust my role so that I can so from basically being self employed with my BRRRR investing to actually having a business that will accomplish work with or without me.
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11 October 2018 | 5 replies
A portfolio loan that is call the Investor Cash Flow loan is designed to not have income or employment info on the application.
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23 October 2018 | 73 replies
For those who have been incarcerated, three elements help them succeed: employment, housing, and connection to the community.
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12 December 2018 | 18 replies
@Christopher SmithAll 'trade or business' income of the taxpayer is aggregated for purposes of determining the net income limitation of S179.This means you could theoretically have a tax loss on your rentals, S179 the qualified improvement property (QIP), and have that S179 reduce your Schedule C income tax (but not self-employment tax), assuming you have net taxable income on the aggregation.I've had plenty of these conversations lately and will have a few more in the next few days for year-end planning purposes.