6 May 2019 | 7 replies
For an ordinary fix and flip, the taxes are ordinary income plus self employment taxes of 15.3%.
14 May 2019 | 9 replies
It would make more sense that you're being denied based on length of time as self-employed, income, credit, etc. rather than age alone.
26 May 2019 | 2 replies
What companies and employers are relocating to and from the market?
6 May 2019 | 2 replies
A normal arms-length transaction where your employer happens to hold the note/service the loan of the seller, shouldn't be a problem.
6 May 2019 | 5 replies
@Karina Gomes@Donald SaintValOf course, the threshold considerations are whether (i) you are eligible (i.e. self-employed with no full-time w-2 employees) and (ii) retirement funds in an account that you can rollover (i.e. former employer plan and/or non-Roth IRA that is invested in investments that can be liquidated an acceptable cost).Assuming that you cross these threshold issues, here are some additional comments/considerations:1.
22 May 2019 | 14 replies
If you're newer like you mentioned you wouldnt be able to use self employment or partnership income anyway (min 1-2 years worth of tax returns of financials needed).Local commercial lenders will want you to be able to debt service both loans the borrowed down payment + the subject property's commercial loan as well.
10 May 2019 | 6 replies
Indicators like diverse employment, rising wages, not easy to build (but currently constantly getting easier), housing shortage, low vacancy rates, great climate, etc. point to the high appreciation CA cities having continued long term appreciation (market and rent).I hinted at the state level movement to increase housing.
8 May 2019 | 9 replies
Your wholesaling income will be taxed at ordinary income tax rates, subject to self employment taxes.
12 December 2019 | 55 replies
It has only been the last 3 months that I have been self-employed and I am definitely looking to be a part of a peer group that challenges and keeps us accountable to our goals.
9 May 2019 | 12 replies
@Theresa Harris and @Hideyuki Gojima There is a wide range of investor friendly loan products designed for self employed borrowers.