SE tax is made up of two parts...social security at 12.4% and medicare at 2.9% - social security is maxed at $127,200 on net earnings for 2017.All in all, this should be discussed more in-depth with your CPA or local accounting professional.

I know it sounds strange but i believe that true education comes from learning from wiser more experienced people and has a social aspect.

Since I have found this awesome social media network back in February, I have listened to almost all of the podcasts, have read many books, and spent a lot of time reading the forums/blog.

If you run a few searches of the forums you will find answers about "wholesaling" real estate here in Canada and the challenges and differences in comparison to the U.S.A.In short, the act of wholesaling is more or less the same - though depending on how you try to conduct yourself you could wind up on the wrong side of regulations/laws.Your biggest differences come in lending practices, market size and social attitudes.  

USA         LA Total, all occupations 100.00%        100.00% Management  5.1 5.4 Business and financial operations 5.2 5.8 Computer and mathematical  3 2.5 Architecture and engineering 1.8 1.5 Life, physical, and social science 0.8 0.8 Community and social service 1.4 1.6 Legal 0.8 0.9 Education, training, and library 6.2 6 Arts, design, entertainment, sports, and media                   1.4 3.8 Healthcare practitioners and technical 5.9 5.1 Healthcare support 2.9 2.3 Protective service 2.4 2.7 Food preparation and serving related 9.2 9.4 Building and grounds cleaning and maintenance 3.2 2.4 Personal care and service 3.2 3.2 Sales and related 10.4 10.1 Office and administrative support 15.7 17 Farming, fishing, and forestry 0.3 0.1 Construction and extraction 4 2.5 Installation, maintenance, and repair 3.9 3 Production 6.5 6.3 Transportation and material moving 6.9 7.4 https://www.bls.gov/regions/west/news-release/occu...

I'm in school getting my masters in social work as my childhood goal was to become a therapist.

For Steve Down, investing is also about social causes.

I don't know why someone would t have a social.

IMO, it's a good thing from a social perspective, but I don't see a viable business angle for me.*** Bruce mentioned, John Arendson (can't tag him for some reason) has posted about ways to approach this from a Contractor's perspective (I'll let him chime in if he's interested and still on BP [?!]).

@Ryan Renze & Account Closed There is also a meet up this next Thursday 8/17 at the Des Moines Social club starts at 6:00 usually there is a guest speaker covering a topic.