I always refer out my good vendors, and so far they have always been very grateful and I get the benefit of priority, small freebies, and overall better work.With referrals, you are still a source of income as a customer, but you are also a source of income as advertisement, making you more valuable to them.If you have enough work to keep them nearly full time employed then it may be a different scenario.

I am in NO way a tax expert I hire those.. but to me it would be like commission income or ordinary income subject to self employment tax... at least I think.. ?

The 401K loan willl also not show on the credit report, but it will show on the paystub or when they order a Verification of Employment (VOE) from your employer.  

The profits from a flip are earned income, so you will owe self employment earned income taxes on the profits in the location where the flip was.

The contribution to a traditional IRA may or may not be fully deductible depending on the contributor's income and whether or not he is covered by an employer-sponsored retirement plan.

We have tons of cool historic buildings, a rich history, great transportation, pockets of very stable neighborhoods, and diverse employment opportunities.  

All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.

In other words, you may be able to avoid self-employment taxes on part of the income that flows through the entity.

When I asked to have the capabilities to stand while I work everyday, my employers were very enthusiastic and supportive of the idea.

Note the part about all contract, options, or other devices employed to permit an unlicensed person to sell, etc.