3: Tax Secrets To Grow Wealth For Short Term Rental Investors
Patryk Real Estate Show - Short Term Rentals
The Benefits of Being a W2 Employee
Being a W2 employee means you only have to pay half of the Social Security Medicare tax because your employer covers the other half. Being self-employed is a lot harder to qualify for loans compared to a W2. You typically need two years of tax returns and bank statements in order to qualify to buy a property under a conventional loan. If you're a W2, they just wanna see that you've been working in that space for a little over a year and then your income is consistent.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
