MAJOR ELEMENTS OF THE PROPOSALS"Former vicepresident Joe Bidenhas proposed an increase in the income and payroll taxes of high-income individuals and higher income taxes on corporations.

We also offer a limited listing for $500 for 6 months to our sophisticated sellers, but that's largely just a way to try to help stimulate more inventory to market and hopefully a way to get the jump on properties for our buyer clients. 

The owners of those properties have what i would call the most passive experience but these are generally 5 million and up properties in our area so sophisticated owners by and large that are either very successful with their companies or very high wage earners..

If you perform these services as an employee then the income is considered wages and is subject to the usual payroll taxes.

Make sure the tenant uses their own materials and is not assigned to do the job on a particular day - this can blur the line between "independent contractor" and "employee", which could affect things like you having to pay payroll taxes or workman's comp. 

Other markets where your sellers are more sophisticated and the real estate more stable this becomes low volume type of deal..

A) buyers are getting more sophisticated so when you sell a rehabbed property, a lot of buyers are asking to see closed out permits. 

While I had a solid team, the payroll was a big cost and I couldn’t survive for many months without bringing in revenue.