Because of the close proximity to Chestnut Hill, Germantown, and Montgomery county (surrounding suburb with a great of employment opportunities) this area  is very desired so when good deals pop up here they don't hang around for long. 

i use 1099-MISC as a token preventative measure where an independent contractor (ie, plumber, painter, etc) earns $600/yr or more in projects in case they or any of their subs/helpers should ever use the rental property address and/or my name as a place/employer they were 'employed' at for an albeit desperate unemployment claim.

:) Or perhaps, you can start a regional team that employs your best practices and you'd get a cut off of every transaction.

It's not just for those who are working for "the man", you're the man if you're self employed too!

I'm in Real estate=self employed.

Or a buyer who is newly self-employed.

Hi all,Hoping some of you wise investors will be able to help my current situation:- husband and I own 4 investment properties including our current primary residence (2-family)- only 1 of these properties is in my name (our current primary residence)- we have joint tax returns, so income & expenses of all showing up on my tax returns- we are looking to move, and since my husband recently moved to self-employment income, my usual go-to broker says we are severely limited on our ability to qualify for a new primary mortgage, due to DTI that takes into account all investment properties

I am active duty military, so there won't be an employer match.

Based on my analysis if I charged labor I would be paying 4% interest + income taxes+ self employment taxes.

The broker who is representing the property for the developer (not directly employed with developers company), is a local broker who has done property management/ real estate agent/ commercial real estate/ investment real estate experience in the area for a long time.