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28 March 2017 | 20 replies
Specifically, the following issues are often examined:Purpose for which the original acquisition was madeDuration of ownership and the purpose for which it was soldFrequency and continuity of salesThe extent to which improvements (if any) were made to the propertyControl and effort expended by the taxpayer in the sales processUse of real estate brokers and extent of advertising initiativesOrdinary business and experience of the taxpayerNature of the taxpayer’s other real estate holdingsIncome from the sale compared to other sources of income and employmentReluctance or desire to dispose of the propertySo considering the above criteria, one could look to see if the flip was intentional or unintentional.
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18 November 2015 | 92 replies
Your budget and expendable time will tell you how much work you will have to perform youself.
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1 April 2016 | 17 replies
Depends on what you want and how much you wanna expend in time and money - hand sand will only take care of the surface damage.If you want a great looking job you can remove all the wood work that is flat - take it to a local woodworks and have them plain down the outside of the board.
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4 April 2016 | 8 replies
I have a question, as a first time investor, can someone please tell me how o bring a hard money lender and a gap funder together to finance my project without me expending any cash?
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3 April 2016 | 12 replies
Anyway the more time I expend studying all the content of the biggpockets website, I have more and more questions coming in to my mind.
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21 February 2016 | 10 replies
You could also sit down with your wife and have a heart-to-heart with her to explain why having your own business means so much to you and highlight how in the w-2 world, everyone is expendable if it's convenient for the employer.
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28 February 2016 | 7 replies
After 17 years as a dedicated, company first, workaholic I realize that EVERYONE is expendable and how much of my wife and daughter's lives I missed out on by getting caught on the "corporate hamster wheel".
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14 March 2016 | 2 replies
I'm not concerned with the rental aspect to the seller or family members and already rent to family, I've been in rental business over 30 years, and know the ups and downs of that.What I'm really looking for options to present to the seller on a way to finance the deal without expending a huge cash outlay, we haven't discussed options yet and they may consider a contract for deed.
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16 March 2016 | 3 replies
Dell, it's not a bad way at all and there is some profit on the rehab side as I do pay out for them but doing my own rehabs limits me to how many flips I can do at one time or in a year I am really looking to expend into flipping only I usually have one to two going at a time but I'd like to increase that to 12-15 a year.
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16 April 2016 | 1 reply
Our business is expending and we are doing 500 title searches per month, our title Co can't keep up with our requests.Maybe there is a good website where we can enter the data and do searches ourselves?