I'm self-employed as anewbie investor, a candle distributor, and a portal director.

My name is Carmelita Sams from Chicago's south suburban area.I'm self-employed as a newbie investor, a candle distributor, anda portal director.Actually I tried investing a couple of years ago and lost a coupleof properties in foreclosure.

First hand, I remembered why I became a property manager, as well why I refuse to rent from homeowners that employ my services.The ending story is, I will be moving February 1, 2007, I informed the landlord if his daughter the "apartment manager" that is she forced her way into my home again or continues to act as a fool in public , I will have her arrested for trespassing, and endangering the welfare of my child.

On the other hand, you get favorable capital gains tax rates vs. short term cap gains or ordinary income (and maybe self employment tax) on a quicker flip.

In the case of a multi-tenant building, the tenant will usually make repairs happen within their space, while the property owner takes care of capital improvements, routine common area maintenance, and emergency repairs that may affect multiple tenants.

Maybe we can start a tidal wave of common sense through the US (leftist coastal areas excepted).Thanks for your efforts!

I'm sure many of you have goals like:Please let me pay my bill this month.Please let my employer let me keep my job.I need to get out of bed this morning.I need to get to work on time.I hope I can retire someday.Do you see what's wrong with these goals?

You bet---as far as Bob's "they need a job" statements, in order for FHA to work, they will have to have a 2 year employment track record (with no gap) and be able to document it (as in FULL DOC) in order for FHA to be considered...I also lend in IN and would be available for a 2nd opinion if desired...Regards,Scott MillerOriginally posted by "BlueStarHomes":Thanks for the input.

You can employ 1 system or many systems at the same time depending on your creativity.

Using an LLC for this ordinary trade or business will cost an additional 15.3% in Self-Employment taxes.