Thuy Pham-Satrappe
Do you invest in high crime areas?
19 February 2024 | 145 replies
@Matthew Irish-Jones thanks for your feedback!
Benjamin Ervin
My First Flip! With Numbers and Photos!
23 October 2019 | 370 replies
We are doing a rehab/flip now with more basic interior styling and have sourced from Lowe's and a local granite dealer.
Michael Yates
How to wholesale ethically and honestly
14 December 2020 | 33 replies
Do I know what the dealer sold it for?
Twana Rasoul
If you are starting out, DO NOT pay for mentorship
15 July 2021 | 212 replies
@Twana what makes difference is to find a great deal like everything else cars go to Menhein where the car dealers buy and sell it to make a profit.
Ross Benedict
Land flipping details
7 August 2017 | 10 replies
If you are a "dealer" you are not allowed to do IRS Section 1031 exchange.
Mike Gennaro
How do I sell a mobile home via rent to own and remain compliant with Dodd Frank?
7 September 2017 | 65 replies
Depending on how many homes you sell, you may also need a California Dealer's License.
Scott Trench
Tenants Who Pay a Full Year Upfront
13 January 2023 | 103 replies
Are they shady, trash, drug dealers, etc.
Matthew T.
Limiting Tax liability as a flipping company
25 January 2018 | 5 replies
Our CPA is saying we will be classified as a dealer/trader and subject self employment tax on the first 150k then regular short term capital gains tax.
Christian Ivanov
Cheap kitchen cabinets in Chicago
25 April 2017 | 8 replies
Aline International in Mokena is a wholesaler to contractors, dealers, etc.?
Account Closed
Solo 401k
29 May 2015 | 23 replies
I'd suggest you work with a knowledgeable attorney when structuring your investment and check with the IRS or your own state's taxing authority regarding the threshold at which passive investing status switches to "dealer status", making your LLC an operating company.