I need help from someone who knows startups/corporations/LLC, etc. and Social Security Disability. Have been receiving SSDI for approximately 2 years. (Degenerative conditions that will not improve unless there is major breakthrough.)
Please pardon incorrect use of terminology.
Social Security Disability has strict rules for self-employed or earned income vs. investment income Want some investment income. Don't want to deal with stress if I mess up and cause a review of my status due to a lot of earned income.
Limited cash does not work for buying investments such as rental property or typical stocks. Some alternates follow that might fit SSDI investment income parameters. Would be set up with appropriate legal structure (Whatever that might be).
Plan to market products online.
A-- Start small business as stockholder with profits paid as dividend
B-- Buy stock in company started by several other person(s) Profits paid as dividend.
C-- Instead of cash, invest/contribute product ideas or similar intellectual property. Profits paid as dividend.
1--Do any of these work?
2--If not, structure that would work?
Thanks in advance for your ideas.
Please pardon incorrect use of terminology.
Social Security Disability has strict rules for self-employed or earned income vs. investment income Want some investment income. Don't want to deal with stress if I mess up and cause a review of my status due to a lot of earned income.
Limited cash does not work for buying investments such as rental property or typical stocks. Some alternates follow that might fit SSDI investment income parameters. Would be set up with appropriate legal structure (Whatever that might be).
Plan to market products online.
A-- Start small business as stockholder with profits paid as dividend
B-- Buy stock in company started by several other person(s) Profits paid as dividend.
C-- Instead of cash, invest/contribute product ideas or similar intellectual property. Profits paid as dividend.
1--Do any of these work?
2--If not, structure that would work?
Thanks in advance for your ideas.