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General Parenting Discussion
Reply to "SAHMs, how did you decide when or if to go back to work"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]When I was sah, my DH’s income shot up and we bought several rental properties with the excess cash. I manage them now. It’s not a ton of daily work but it does make me feel good to know that I am taking something important off his plate. We’re looking to buy our fourth property in the next few months.[/quote] This is a good idea.[/quote] This isn't a job. Its pretending to have a job to improve your self-worth. If you were working or not, you or he would have to do it. Stop pretending its a job. You are a SAH and that is ok.[/quote] In all fairness, the property management that she does involves a lot more responsibility and mental know how than other official paid work does. With those duties, I'd actually consider her to be self employed. She's a working SAHM! Good for her![/quote] She's not working. That's managing your household finances. No different from managing your own house. You are not a working SAHM. That makes no sense.[/quote] Ha! You are very mistaken. Architect here. Dont listen to PP. Property management services take between 5% -30% of your gross monthly income (the higher rates are for Airbnb) You are kost certain lyrics doing a real job, even if it is a self employed one. Just because it doesnt have an HR dept attached, does not make it less of a job. Why don't you formalize a title for yourself and gave yourself a small fee, 6% or something that goes into a savings account. This is real work. Your fee would be an expense on the property / business, so it lessens your tax as well.[/quote] Managing your properties is not a equal professional job.[/quote] It’s in the same sphere as being a nanny, housekeeper, family CEO, etc. It’s things that most parents/spouses do for “free” including working ones, but you could also formalize it into a job title.[/quote]
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