No, you wouldn’t need a real estate license to work out lease options with prospective sellers or buyers.

If that's the case, there's no savings.On the other hand, if your CPA said that you should be pro-rating that income based on actual time the business was operating, and said -- STRICTLY AS AN EXAMPLE -- that 40% of that income was to be paid as salary and the rest as dividend, then you would have a small savings on that 60% distributed as dividend.Specifically, I believe self-employment tax for 2011 was 13.3% (up to a $106,800K limit on 10.4% of that), so the numbers work out like this:1.

I left a message for them both stating that they are still considered tenants and owe rent for Sept. as we did not get a formal 30 day move-out notice (I am taking a wild guess but I don’t expect that their check is in the mail), and that if they call back with their situation return the keys and move out ASAP we may be able to work out a deal, pro-rate or something, but either way we need to know the situation.Any suggestions as to how I can legally get them out ASAP without going through evection or way to safely clean up the place without having the liability of touching any of their remaining items?

I overshot the listing price by $5,000 because the numbers still work out to slightly better than 2%.Great little house in a B- Neighborhood.

I wonder if being a housemate of someone decades older would work out well for us both.

I called BofA to work out some kind of modification.

Let me know if you'd like to hook up for a chat while you're in town Monday or Tuesday.Bryan Hancock Hopefully this will work out for you.

Plus along the way, I have often thought that if my current job/business didn't work out I would have a hard time finding a job without the degree.

As Jenkins Ramon was getting at, have a look through the various forums on Biggerpockets to work out which aspects of REI you have an interest in.It seems the majority of members here have an interest in wholesaling, this is the lower monetary cost, higher sweat cost side of REI, hunting down a deal and passing it for a small fee to someone who can buy it.You have people who go to the courthouse steps and bid on tax defaulted properties, and foreclosed properties.

I work out of Cleveland in the REI field and will actually be in NYC from the 16th-18th.