25 April 2024 | 0 replies
The IRS cross-references your 1098s with claimed deductions, raising concerns if discrepancies arise.Private Lenders and Forms 1098: Private lenders are required to send Forms 1098, but only if they meet specific criteria:The private lender operates as a “trade or business,” distinguishing professional lenders from casual lenders like friends or family members.The loan is issued to an individual or a disregarded single-member LLC.The loan is a mortgage secured by real property.The annual interest paid on the mortgage was $600 or more for the previous year.The conditions leave some room for interpretation, particularly regarding the “trade or business” clause.

29 April 2024 | 113 replies
I have been doing real estate over 20 years and I feel fairly green after reading some of your post.

24 April 2024 | 2 replies
The development will feature an Office Tower and Residential Tower, 30,000 Square Feet of Retail, and 1 acre of Green Outdoor Space.Once complete, this project will be the tallest building outside of the Uptown Central Business District.

24 April 2024 | 7 replies
Quote from @Jonathan Greene: If it's your second time, figure out where you went wrong the first time.
24 April 2024 | 2 replies
Quote from @Jonathan Greene: That sounds like an almost impossible project to be successful on.

25 April 2024 | 24 replies
I live in Meridianville and agree that Meridianville / Hazel Green / New Market / Toney are likely to attract people more than Decatur.

24 April 2024 | 3 replies
David Greene has a great book on BRRRR.

24 April 2024 | 7 replies
Also, cross check the owner of record to make sure they are who they say they are (many people do give a friends number and say they're the landlord) That's why it's so important to check

24 April 2024 | 9 replies
People who are local, AND active on BP are green flags all the way around

22 April 2024 | 8 replies
hey every one on BP I'm back. since the last time i posted, i've been to 4 REI meet ups in various areas on CT. going to my 5th this Saturday. seen a few recurring faces at a couple of them. I'm still absorbing info a...