A RE salesperson working under a broker is treated the same since they can't actually practice RE without either having a broker's license or working under one.

The 6K difference could be treated as extra income in the eyes of the IRS--we think.

I think they are two separate things and it is completely rational for the tax code to treat them differently.

An LLC can choose to be treated as a corporation.

It's not quite that easy, since the principals in these transactions and the IRS could treat these two transactions entirely differently.

Everyone has different goals in life and motivations.There are several members of BP (not you BTW) that love to throw daggers at every "guru" program and treat them as one-size-fits-all charlatan-based hype session.

Jason,Steve is correct on finding out if they are treating you fair, you just need to take cost of sales into account.Maryann really hit the nail on the head!

Keep your AC guy's number on speed dial and treat him right.

Originally posted by Charles Smith:Another investor told me that Icould lease option a property,include right to assign andrefinance in the language of the contract...I treat my lease options as two separate contracts -- a Purchase Agreement and a Lease Agreement.

keep in mind also that if the tables were turned and I treated him like he treated me, he would **** me as hard as possible with no remorse what so ever, as that is how he was raised.