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Results (10,000+)
Account Closed Form 1098 for private lenders. Reporting MUSTS
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.
Don Konipol Why I will no longer answer questions from the unknowledgeable
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. 
Kasey Hardt Developments and zip codes to watch
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.
Nigel Ross Starting real estate classes next week
24 April 2024 | 7 replies
Quote from @Jonathan Greene: If it's your second time, figure out where you went wrong the first time.
Logan Klinger Best route to take
24 April 2024 | 2 replies
Quote from @Jonathan Greene: That sounds like an almost impossible project to be successful on.
Kaul Christian Kappenman OOS Investments: Why Huntsville, Alabama??
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.
Luis Castillo Any advice is helpful!
24 April 2024 | 3 replies
David Greene has a great book on BRRRR.
Kevin Kim Do I have to ask potential tenant recommendation letter from current landlord?
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
Jenn Liu Buying First Rental in Charlotte, NC
24 April 2024 | 9 replies
People who are local, AND active on BP are green flags all the way around 
Yiking Hernandez still pretty green
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...