If your goal is to reduce that self-employment tax to a minimum, an S Corporation is the best entity to use.

The bond market is surging this morning following a decisively weak August employment report, which showed just 22,000 jobs added—a far cry from the 80,000 economists had expected.

Withholding with your employer only knows about the income that you earned with them.

What I see is a generation who would typically be entering the traditional work force, instead have opted out of the W2 world. 

I think we're all on this site because we intuitively are 1) motivated to build wealth and 2) know that RE is a great way to generate that wealth. 

Duplexes can be a solid choice for generating consistent cash flow, provided you’re in the right market.

Only respond to questions where you have some knowledge (No AI-generated answers) and don't ask for business, just provide useful information. 

Verifying last 2-years of rental history and income/employment extremely important to find the “best of the worst”.Tenant Default: 20-30% probability of eviction or early lease termination.Section 8: Class D rents meet program requirements, often challenges to pass Section 8 inspection.Vacancies: 20%+, depending on market conditions and tenant screening.Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation.Where did we get our FICO credit score information from?

., 100+ hours, more than anyone else), you can offset W-2 income using rental losses, no REP status needed.Cost Segregation and Bonus Depreciation: Accelerate depreciation (80% bonus in 2024) to generate large paper losses.

Your properties already generate strong cash flow, and planned additional units can be built at favorable costs.