An attorney will assure you are abiding by the federal and state laws.

An attorney will assure you are abiding by the federal and state laws.

An attorney will assure you are abiding by the federal and state laws.

An attorney will assure you are abiding by the federal and state laws.

Also, your labor is not an allowable expense for tax purposes, whereas the labor to a contractor will be subtracted from profits when computing your taxable income.

There may be laws that regulate or restrict what you are contemplating.You may also find it important to have a discussion with an attorney to properly structure the business to abide by all federal and state laws.

Navy Federal is near you.

The great thing is it's not in direct control by a central bank/federal reserve.With that said, it's still just too much hassle anyway!

After finding this (admittedly old) post here on bigger pockets, I thought I'd  update this thread with what I found out after a little research....A company called "Fund My Gap, LLC" was forced into involuntary chapt 7 bankruptcy in Northern CA by a filing made by several creditors on 2/13/2015.According to PACER (the federal bankruptcy system) the status of the case is shown as:14-44853 Fund My Gap, LLC Case type: bk Chapter: 7 Asset: No Vol: i Judge: Charles Novack Date filed: 12/15/2014 Date of last filing: 12/15/2016 Pending StatusesStatusBeginDateTime inStatus#Status Set ByAwaiting Involuntary Answer 12/15/2014 829 days1 Involuntary Petition (Chapter 7) Three claims were filed in the case:Details1-102/13/2015Claim #1 filed by J.

Federal Fair Housing Act:The law does not apply to the rental of a unit or room in a dwelling of up to four units, provided that:1.