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7 October 2023 | 9 replies
We would only be flipping one house within a calendar year.If we only flip one house, say in six months, within a calendar year, would I be able to file my gains as an "investor" and avoid the additional FICA taxes that come along with being classified as a "dealer"?
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19 June 2019 | 1 reply
Note that Kudzu is classified as a noxious weed by local and federal government.I’m interested in legal and professional approaches to this problem but if you have some technical solutions, I’d be glad to hear them - don’t say goats.
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24 November 2015 | 10 replies
You classify $60k as a salary and $40k as a distribution.
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18 September 2015 | 8 replies
If a company knows that you are a real estate company (using your NAICS or SIC code), they will shy away from that.
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18 September 2015 | 3 replies
If a company knows that you are a real estate company (using your NAICS or SIC code), they will shy away from that.
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21 August 2015 | 390 replies
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6 July 2016 | 38 replies
Last I heard, it was illegal to form a group for the purpose to buy insurance, now that we have changes, no idea, call your SIC. :)
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28 January 2017 | 12 replies
Some of the neighborhoods we classify as "C" and great cash flow they will not lend in.
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24 February 2012 | 14 replies
That's the problem I have found with classified (as you mentioned).....every investor in town uses them.
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13 February 2022 | 62 replies
Additionally, the IRS did not provide an exception for those it classifies as real estate professionals.There is one carve-out, and it is for self-rentals.