Also, have any of you seen negative impacts on your house/rental when a major employer has a large lay off in the area?

Last week I put my 2 weeks in at my current employer and am planning to move into my second home.

@Chad ReidlingerYou may want to look into opening as self-directed IRA that can be invested in real estate once you transfer the former employer 401k into it.

So you can technically operate as a sole proprietor in all of your businesses and not have to worry about converting passive income into active business income if you are flipping, because only the *intended* flips will be subject to self employment tax and ordinary income.

All rail service hubs on the downtown area, and suburb-to-suburb transit options are limited to those suburbs along the rails lines.Those properties near the stations have the best values.A key consideration, of course, is the location of centers of employment.

I'm trying to boost my savings so I can get in the game quicker, when I came up with the idea of redirecting some of the funds I allocate to my 401K towards REI.Admittedly, the stock market craziness is what got me thinking, but in addition to that my employer matches up to 5% and I'm putting in 10%.

Mitch DanielsHe won't be in November's elections but this isn't any reason that we can't find people who equally employ common fiscal sense.

And should you be self-employed under your LLC, your entire earnings are subject to self-employment taxes.

Three or four weeks later, everyone was employed.

Eliminate payroll taxes for a year, make some structural tax cuts, and stop attacking capital formation.In other words...stop this senseless tax attack on "the rich" in the middle of a depression.I certainly don't have all of the answers, but something has to be done to get people employed.