Jeremy Kalaf
Self Employed vs LLC
(New in Upstate New York)Ok, so last year, my income was reported as self-employed. I used Turbo Tax. It was sweet, and easy.Now I am creating an LLC this month. Does this mean that my income and expenses are no lo...
Krishna Chava
Small multi family: What is your property management model
How do you manage an apartment complex with less that 70 units? Do you have an onsite property manager and/or onsite maintenance tech?. Do you directly employ people or pay a property management company that employs o...
Cheryl Naegel
Indiana wage garnishment
Hi there! I recently won a lawsuit in small claims against a former tenant. I have since obtained a final order in garnishment, signed by the judge. My question is, in Indiana, does the court serve the employer or...
Jennifer McMurtray
Excellent Content at Note Camp!
Tyler Carter of NuView IRA just gave a killer presentation on the Solo 401(K) plan, which is something you might be eligible for if you are self-employed and don't have common law employees. Between the contributions...
Dan Fisher
Self Directed IRA Lesson Learned
Hello BP community. Recently I purchased properties through my SDIRA account. I was shocked to find out that I was charged a $35 wire transfer fee for the rents received. That means that every year that I collect rent...
Sam Tamayo
real estate proffessional classification
Hi, looking to claim the real estate professional for tax benefits. I have a variety of qualifying activities on a part time basis that will qualify me, but am thinking of adding LSA (loan signing agent) to the mix. ...
Account Closed
When to give up the 9-5 job?
I don't know if this is in the right place or not. My question is when were you able to give up your job and just take care of your properties full time? Is there some rule of thumb to use in determining when you shou...
Waleep Alvi
How to deal with self-employed tenant
I have rental applicant who is self-employed. He works as a freelance blog writer. I am not sure in the stability of this career. Anyone has any thoughts? Thanks!
Mohamad Omais
Real Estate Career Choice
Hi Everyone, 1st post! I will be graduating in May and I plan on pursuing a career in real estate but not sure which path to take. Im debating between starting my own real estate company and investing on a full time b...
Danny Uyematsu
Question about financing
If I were to switch my job and work for another company does that affect my chances of getting approved for a loan?