@Bryan Otteson- by the way i am not a 'wholesaler' per se. bigger pockets labeled me as such. i tried to changed and could not. i have to request a change and go thru a few a steps to get it changes and i haven't  done it yet.  

@Eric Kump I am a wholesaler in the S/E valley.

There's no problem with it per se, as long as it cash flows really well, that's good enough.

That said, if you can find a position where there is no ceiling per se, then you can still achieve good income however you are going to have to produce good volume.Now, all that said, it is not too different for RE agents.  

BP will be a great resource for you as there are many active members based in SE WI.  

Even better if they already have decent to high salaries already sicne their SE/Fica responsibility will be covered. 

I am a bit confused as to why you have a $7,600 swing by changing entity type, I could see it causing some difference in accountant fees at the very least if you're including them in that, and maybe something with SE tax, but $7,600 for a new business seems a little much.

That isn't to say that solo professionals such as myself are bad per se, just that depending on who you go with, you might eventually see some limitations if they don't grow with you after several years if you keep expanding and getting more complex yourself.

If business, then ordinary rates + SE tax, even if longer than 1 year.Step 2: If capital investment, then more then 1 year or less than 1 year?

@Steve Vaughan I think the magic number for SE tax threshold is $400, not $600. $600 is the threshold for 1099-Misc.