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5 July 2016 | 21 replies
Great way to get in front of people relocating to Utah from out of state as well as locals.Putting up flyers in laundrymats, major employers in the area (example Weber State), hospitals. word of mouth/social media - letting everyone in your sphere of influence (family, friends, neighbors) know the place is for rent.
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12 December 2015 | 6 replies
You will learn a lot about a lot in RE and dealing with not only tenants but an employer, employees, contractors, accountants, attorneys and myriad other areas of RE that will help you immensely in your RE career moving forward.
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12 December 2015 | 19 replies
Getting paid under the table is really a deal for the employer, not you.
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31 December 2015 | 7 replies
I am looking for rehabbers/agents to partner with me on employing a brrrr buy rehab rent refinance strategy.
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9 March 2019 | 8 replies
My employment income has recently started to build capital for future investment.I will be seeking flip home projects to build greater capital for further funding of our passive strategy.Me and my wife has decided on a passive strategy that will consist of buy and hold rentals.
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14 December 2015 | 12 replies
One thing is for sure, that can't happen when your self employed.
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27 December 2015 | 44 replies
Assuming Will operates out of an S-Corp (he's a smart guy so I'm positive he's doing this) and nets $350k, by deducting his lease payment he avoids 15.3% self-employment tax, a 1.5% CA franchise tax on net income, a blended CA income tax rate of 7.98% and a blended federal rate of 26.1% for a total of 50.88%.
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16 December 2015 | 8 replies
The location is ideal, right by a major hospital which would be attractive for the many renters who are employed there.
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14 December 2015 | 14 replies
If you fail to do this, then you can only go back as far as the date that the LLC was created which will subject earned income prior to the LLC's date of existence to be subject to the full self-employment taxes (read: costly).