With the same kind of foreign investment increase here in Seattle - coupled with our 'Silicon Forest' rising, housing prices have skyrocketed and don't appear to be coming down anytime soon (https://www.seattlemortgageplanners.com/2017/02/se...).Do you see the same kind of government regulation being a factor in the not-so distant future for foreign investment here in the PNW?

The question isn't about the 2% rule, per se, or the plus and minuses of rules of thumb, which I think people have done a great job of explaining on here.What I'm more curious about is how far experienced people push the edge of the envelope on the numbers.  

For example purposes, let's say that a reasonable salary for what you are doing is $50,000.Let's say you also make $100,000 from your W-2.So your employer and you together pay $15,300 of FICA taxes on your W-2 job.You also pay $7,650 of FICA/SE Tax on your S-Corp salary.Now when you do your taxes, all competent software packages will recognize that you've gone over the Social Security limit between the two jobs.  

But seriously, I was reading several posts on here about SE taxes and got a little confused.

I wasn't using a rule of thumb, per se, but worked backward from the projected rent.

SE taxes, the works.  

I understand but the idea is not for them to sell per se but for me to take possession of the house now, while we  all wait out the court process to complete. 

I lend in the S and SE, but I do like Wenatchee. 

From the Notice, it's they allow rentals per se so,It's instructive to read "HOA RENTAL RESTRICTIONS: WHAT ARE THESE AND CAN AN HOA RESTRICT RENTALS?""

For you the buyer/agent, you have to split the gross with your broker, then your portion comes to you as 1099 income, subject to SE and all taxes under the sun.