Jake Morin
Self-Employment Taxes (Medicare and Social Security Taxes)
Good morning all, Hope everyone is enjoying the busy season. I have been reading a few posts on BP forums (that are 3-5 years old) about self-employment taxes which state that if your average stay is less than seven d...
Jessica Sander-Cederlof
Becoming self employed - what to do with 401K
I am 26 years old and married. I graduated from college and started working for our sheriff's department and then moved over to our county Assessor's Office. In total I have been with our county offices for about 5 ye...
Emily McCabe
Can you get financing if you're self-employed?
My husband is self-employed. We want to buy our first rental property, but I can't qualify for much more on my own, because I already own our house. When we bought our house, our lender said we couldn't use his income...
Mackal Smith
Wanting to Employ Family - what do you think?
My son just graduated college with a degree in Music. He is a super talented guy, but like a lot of college students today he's not able to make a living with that major. Let me lay out my situation here a little and ...
Ron Adamic
Tenant changed jobs, do you verify employment again?
I have a tenant that only paid half of the rent that was due two weeks ago who is normally on time, and when we discussed it they said it's because they just started a new job. I had to double check but I don't have a...
Kara Beckmann
BRRRR - without 2 years of being self employed
Has anyone tried to refinance one of their properties without having two years of self-employed tax returns? My lender is suggesting that I create a trust and then use that trust to claim trust income while we are ref...
Koree Scott
Buying A SFR In Cash With No Employment
Hello BiggerPockets community! I'm new to the site and this is my first post, so please do let me know if I should be posting this in a different category. I have no real estate experience but I have been listening to...
Tamarra Banks
Assignment fees and IRS- self employed,2nd income???
How do u classify your assignment fees as income? do you have an llc or get checks written in your name? Ive already had a horrible experience with IRS after winning a vacations prize not knowing it would be added as ...
Cali Mom
self employed going just over 1 year -options?
Forgive me if this is not the correct place to post~ I am new here...
Hi I am a single mom, self employed going just over 1 year, I have alot of write offs, my credit is 790, and I have someone to gift about 30k down....
David Paul
Mortgage Approval Issues (Single Family Home) Self Employment
I got a friend trying to buy a new property for him and his family. He's in sales and runs his own company. The house that he's wanting to buy is about 500k. FHA would work but the limit is too low for the house they...