In all honesty you are trying to foresee the future and the way that SE MI calculates taxes is not that straight forward. 

SE and SW can be tougher. 

Best of luck,JonWhen I owned my own brokerage I did not run a team concept per se.. but I was the largest foreclosure buyer in the PDX area at the time so I bought and sold about 100 homes a year for own account.. and what I did for my starter agents is I made a deal with them..

We focus mainly in the midwest and SE with our investments where there are landlord friendly legislation, low taxes, economic stability/diversity, population growth, reasonable home prices that allow for cash flow but still have appreciation. 

You are eligible to write off your expenses.Furthermore #2, realtor income is subject to federal taxes, state taxes and SE taxes.

Hi Brandon,I don't operate in NW Wisconsin but if you are open to other markets I work in SC and SE WI. 

The operator is not a wholesaler per se, he is one who sold his position via wholesale rather than flipping or holding.

I know locally (SE MI) most HVAC guys don't work on them because they don't know them well. 

(Most if not nearly all hoa associations don’t allow it in SE Florida due to spring breakers) Hope that helps a bit !

Locally, meaning SE MI / Detroit, this is a familiar story.