It’s taxed as ordinary income, plus ss/med self employment tax....not eligible for a 1031 or cap gains. 

With less socialization and in-person interaction in our world today, self-managing your rental property from a distance can be stressful and a full-time job.

To have it in my name would be a dream come true for my younger self! 

Definitely low hanging fruit.So, when I see the 25% COC number, is that assuming traditional financing and self-management with cleaning fees, etc. accounted for? 

I'm familiar with the two year self-employment income averaging and I'm wondering if this would be different or essentially the same.I'm paying myself a large W-2 from my S-corp which would be good for getting approved.

I expect to be able to self-finance construction on the first 4-plex, but then need a construction loan on #2 and #3. 

I'm looking to get into/purchase self-storage and am interested in commercial. 

I’m looking to create enough passive income to be able to replace my family’s W-2 income and return to being self employed and then to create more income and create generational wealth and set it up to support my family in the future as I know they do not have the background or knowledge to operate the empire I am developing.

Possibly consider moving some retirement accounts into self directed. 4.

We self manage and have enjoyed the experience so far.