Buying a Home when Self Employed (With a 1099)

1 year ago
21

Buying a home when self employed and getting a 1099 can be more difficult. Here are some must knows...

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Buying a home when self employed and on a 1099
Recap of Video:
✅ Must knows when buying a house and are self employed
✅ Must plan ahead of time when buying a house
✅ Tax returns. How many and why?
✅ Plan your next years taxes
✅ You may need to declare more income
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Video Chapters
00:00 - Introduction
0:20 - Why is it more challenging to buy a property?
0:54 - The need for tax returns
2:19 - Plan ahead when filing taxes
2:57 - Pros & Cons to declaring more income
3:16 - Why do you need a Profit & Loss
3:57 - Interest Rates & Down Payments
4:37 - Conclusion
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Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty

Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. Whether you are looking for a Boston Market Update or an entire Massachusetts Market Update, then this data will be helpful! He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate appreciating or Massachusetts Real Estate depreciating. Whether it is Boston Real Estate or anywhere else in the state, the market reports matter!

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