Hey Guys, I'm about to go the self employed route and need a little help with how do setup my personal income taxso tell me if I'm going about this right....Heres just a simple example1. 5k rental income- 2k expenses ...
I am looking at investing in a syndication which is structured as an LLC and taxed as a partnership. Will I pay self employment tax from any profit on this?
I'm looking to purchase rental properties but have been self-employed for the past year and have been told by 1 lender than there is a 2 year minimum. I'm a RE Appraiser and have been this for 5 years.
I'm curious h...
Are there any mortgage types out there that will finance new entrepreneurs? I know you need the 2 years of tax returns. But what if you only have 1 year of not so hot income, but are showing great income via bank stat...
Not quite an investor question though personal savings will help with investment purchases…
Recently and due to personal circumstances, I submitted a resignation letter to my employer with an effective date in late M...
In the past I've reported employee violations. In return my employer has notified those specific employees which then return to me stating that my employer gave them my name as the one who reported them. When these al...
I have a rental that is turning over the end of May. I listed the house for rent on Zillow, and have received several inquiries for the house. Some have gone as far as to pay (through Zillow) for an application whic...
I'm working on some calculations for current and projected (next year) DTI ratio to see where I need to be for financing. I'm self-employed (for 2+ years) and as I understand it a lender will use the 2 most recent tax...
Hey BP Team!I'm a licensed CPA living in NYC and have just recently given my 2 weeks notice for my position at Ernst & Young, a Big 4 Public Accounting Firm. I have one hell of an analytical sense and three years ...
I am a flooring contractor in Abilene tx and I own two single family rentals and one duplex (owner finance). I have good credit and decent amount of capitol but have had issues with getting finacing because of being s...