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20 October 2015 | 2 replies
when you break it down, say you are able to close 7 or 8 deals in a year..you get a check for say 6k, 4k, 12k, 8k, 5k, 13k and 5k...after you put in all the marketing it took to get those deals, pay taxes, you are probably at about 40-45k maybe or even thousands less.Not sure about flipping, (never done one), but my guess is you would make out better, assuming you know what your doing and execute them perfectly.That is a nice amount to bring in from just assigning contracts, but my thought is, the only way to build on it is if you continue to work a job, if not, you just have a stressful self-employment gig and all your profits are going to living expenses.Our conclusion was that finding and buying(holding) real estate deals with built-in equity for cash flow and tax benefits is the best way to continuously make a great deal of considerable wealth.Please share your thoughts, especially those that do these strategies full time, I love to hear different viewpoints!
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15 December 2015 | 6 replies
My employer direct-deposits my paycheck on the last day of the month.
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5 July 2018 | 22 replies
Employment of PersonnelIn most instances anyone employed at the property shall be the employees of the management company.
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29 December 2015 | 19 replies
A lot of employers now offer Employee Assistance Programs (EAP).
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14 March 2016 | 11 replies
Quality firms in this field will do more than just setup the documents, and will provide you with ongoing access to consultations about the use of your plan and compliance with IRS guidelines.If you are self employed and have no full time employees, you would qualify for a Solo 401(k).
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10 March 2016 | 3 replies
If so, do you pay yourself as a w-2 employee to avoid self employment taxes?
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3 April 2016 | 11 replies
My full-time employment is working as a deep-sea diver and subsea inspection project manager in which I freelance as a contractor.
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2 June 2015 | 24 replies
Plus potentially self employment taxes as well.
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22 November 2016 | 8 replies
With all of the new employers coming in, I believe the demand will only increase.
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24 April 2016 | 12 replies
A year ago I went through the whole process because of one's enthusiasm only to find out I was denied because I had less than two years of self-employment tax returns.