Employment verification is #1.

A listing of charitable contributions, medical, self employed health insurance, student loan interest, tuition, day care, etc.

First, your CPA will be able to tell you how everything should be broken down, and i am not a CPA,. but you are correct that the properties are filed with 1040E. i would try and split the costs between the properties if you can so that its all claimed there. otherwise you can claim them as business expenses, you do not have to have an llc. to claim them, you would be a self employed and a sole proprietor. register a business name with the state and the Fed, and you will file a schedule C for self employed. and i always give my CPA the gross amount i paid for everything, taxes paid don't get separated out

I am certain this guy and/or some of his buyers are employing this strategy.

I would strong prefer to be self-employed, concentrate more on bodybuilding/fitness and have income coming in.

I ad a case about ten years ago that I tried to get an errant heir take bait and file AP but could not get her attorney to go along with the plan.

When you leave employment, most banks will allow a short gap where you were not employed (I think 6 months).

They said that in those 3 days, were about filing for self employment tax.

It was paid to her broker from me not paid at closing    I employed her as a buyers agent and paid a% to her after the sale.

Pay self employment tax?