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30 May 2015 | 23 replies
A sole proprietor can open a Solo 401K.
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4 January 2023 | 8 replies
I won't go into my perspective of why this is the case unless you want to hear.The main takeaway here is that only you can understand and decide if you are wanting to truly be an entrepreneur and a 'sole proprietor'.
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5 September 2022 | 2 replies
Are there any RE agents whose long-term goal isn’t to remain an agent and/or own their own brokerage and have been successful operating as a sole proprietor?
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17 October 2020 | 6 replies
As a sole proprietor, your tax ID is your SSN.If you prefer to not give your SSN to third parties, you can apply for a sole proprietor EIN.
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27 June 2021 | 3 replies
So to recap; If these were purchased in your name, it seems like a separate personal account would maybe work - basically you're acting as the sole proprietor-ish in this case, and while missing on the tax advantages of an LLC and the pass through income, it's all coming back on your personal taxes anyway is what I mean.
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11 May 2020 | 23 replies
I am to understand the 1099'd and sole proprietors are eligible and the requirements for these businesses are still being determined.
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20 January 2020 | 18 replies
I’ve heard that if I’m sued the plaintiff can potentially have access to funds and other assets acquired as a sole proprietor, and in some cases, even if my REI assets are held in a single LLC.
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9 October 2019 | 8 replies
This requirement is especially common if you're holding the property in an LLC, sole proprietor they just sue you directly.The security deposit becomes yours only after non performance of the lease in some regard.
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29 April 2018 | 8 replies
Even if your next task is to learn about mortgage types or to learn how home insurance works or to decide on LLC vs Sole Proprietor ownership (<--- Hot Topic).
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22 May 2018 | 24 replies
In the rare case someone does object you can assure them, in writing if needed, that you will be the proprietor of any LLC formed, good luck!