
19 June 2018 | 3 replies
Odds are you will get some of them back at some point and have to resell them.2) You might want to have your attorney review the lease to own contracts to make sure they are SAFE act compliant (unlikely).
5 September 2018 | 2 replies
Is there a Pro member who is willing to help me out to create an organic Bigger Pockets meetup near the Washington DC area?
12 November 2018 | 7 replies
A flip is a business, so it is subject to ordinary income tax.The IRS does not care if you buy a house, improve it and resell it or you buy bread, mustard and lunch meat and make sandwiches - to them it is the exact same business model.You can search the vast number of writings I've done on this subject on Bigger Pockets.I agree with your CPA in all aspects and here is why.Running it through an LLC: If this project comes in at a loss, how is your investor going to prove out their share of a loss or report it?

18 June 2019 | 9 replies
but it's a good meeting/organization so I attend most months.

24 June 2018 | 3 replies
You'll need to do an Internal Rate of Return calculation for the entire term of the loan you are proposing, or until you resell the loan to another investor.

21 June 2018 | 8 replies
last time I checked, arsenic-tainted soil doesn't make for an enticing organic garden.

26 June 2018 | 12 replies
Is it tidy and organized ?

22 April 2020 | 8 replies
and how did the lender organize it?

27 June 2018 | 6 replies
Hi All ,I am doing some research on Trust Deed ( Performing Notes only ) and have found few providers through the reference from BP and also doing an organic search on the Internet.Have anyone used company Paper Assets Capital (PAC) to buy Trust Deed ( Performing Notes only)?

27 June 2018 | 4 replies
It's just easier to book that the entity purchased $X of paint as one expense.If you appreciate the details and like a high degree of organization, it's not at all difficult to keep impeccable records.