All Forum Posts by: Ryan Pryor

Thanks Ashish!

Hi all, I was listening to a podcast talking about if you bought a new SUV and put your business information on it, you could write it off 100%. Does anybody know if this is true? Does it have to be a LLC? Or would just wholesaling information be enough if it is true? Thank You In Advance, Ryan

@Arlan Potter,

Thank you for the information. That doesn’t seem as bad as I thought to get one started and see if it catches on.

Hi Bigger Pockets Members,

I am new to investing. I have been doing a lot of reading on the Bigger Pockets forums. However, I have realize that there is really no close events in my area to connect face to face. I did find a small REIA on the Meetup's app but it was very small when I went. I was thinking about starting a local group in my area, but I have no idea on where to begin and if it is a good idea for someone with my minimal experience to do so. I was wondering if some Bigger Pockets members that would mind sharing a few ideas on how to start a BP group?

Things that have come to my mind are:

Finding locations - how to pay and willing companies with space or charititys with space to make it affordable

How to advertise for interested members

Do I need a license to run a group of this sort

When to consider charging members

What to do during these meeting

These are the things that have crossed my mind. If there are things that I am missing Please let me know. Any help will be VERY much appreciated.

Sincerely,

Ryan

@Rashad Luckett Awesome job! It’s very inspirational to see things like this.

@Gregg Heminger Congratulations and good luck! I hope it all works out for you.

@Jay Hinrichs Thanks for the information.

@Jay Hinrichs

@Jay Hinrichs So, during tax season you work with your accountant and than owe the IRS at normal tax rates?

@Kenny Lee was the 12k profit before capital gains? Or did you use a 1031 exchange? 

Hi All, This may be a simple question with a simple answer, but I was wondering if there is a place to find duplex’s, triplexes, and quadplexes that are not for sale? That were built. Is there a public record to find this information? I ask because I talked to a realtor form my area and was told there are none in our area and I’d have to travel north or south to the cities to find them. I just find that hard to believe. If anyone could point me in the right direction it would be much appreciated. Thanks, Ryan