Btw, based on your relationship with her and her role in your efforts, it sounds as if the IRS would classify her as an employee as opposed to an independent contractor.

They don't want people in those classifications buying the properties to use as rentals, while they live in another neighborhood.Tax dollars shouldn't be used to subsidize investment properites for public employees, they should buy those on their own, with their own money!

I found myself as a landlord 3 years ago when my dad's employee was going through a nasty divorce and her credit was shot.

It doesn't mean you have employees.

I would say that you have it set up pretty fair. 10% of the gross rents for monthly management works.

Dan Shoemaker,TO answer your question about the income level: Under this provision, the 3.8 percent surtax applies to the lesser of NII or the amount by which a taxpayer's modified adjusted gross income (MAGI) exceeds $200,000 for single filers and $250,000 for joint filers.

This not only affect the government employees, but the entire community all the way down to the server at a restaurant.

I've read that for flipping purposes that I should start a S corp, but when I go on the NJ site to start S corp they need Federal Employee ID and NJ corporation number, which I don't have.

"- possible relocation employees- a person who works downtown- a few pro athletes might consider- small group of UWM / Marquette/ MSOE studentstotally agree - numbers does not work -

You spend 1/3 of your life or more wasting at a job you dislike for pay that struggles to keep you afloat while the higher ups never appreciate all you do and become seldomnly seen around holidays/ New Years as to avoid employee paid time off, bonuses and raises.