Stephanie Hardy
Nevada Asset Protection Trust question
18 May 2021 | 11 replies
The trust is anchored as both, and classified domestically by maintaining IRS compliance with USC section 7701.
Mario Mormile
James Piercy
How does received a $50k gift affect taxes?
29 November 2017 | 9 replies
You would also deduct the interest in Sch A if a primary residence or Sch E if a rental.The concern I’d have is that your lender may not want to see this $50k classified as a loan.
Axel Meierhoefer
Where are the best BTR deal hiding?
18 January 2024 | 6 replies
I'd imagine you'd fare better if you just posted your ad in the BP Classifieds section.
Hunter Preston
Tax Implications for BRRRR?
27 October 2017 | 23 replies
Last I checked the IRS has no hard and fast rules on whether you are classified as an investor (buy & hold) or a dealer (flipper).
Jonathan B.
SIC Code for real estate investing
8 January 2018 | 0 replies
hi GuysI am establishing an entity and wanted to know which SIC code are you classifying your business under?
Yiftach Ilyov
What is your opinion of this letter? please be brutal!
28 January 2018 | 28 replies
I am so sic of fake yellow letters LOL.. we get 2 to 5 a day each and every day I pick up the mail..
Vedran Josic
Text and call owners for purchase there property
17 March 2019 | 5 replies
The FCC classifies this as "Enhanced Information Services".
David Edelstein
Company Structure / CPA Referral
6 July 2016 | 1 reply
Do not assign a random percentage to your profits and classify it as salary.
Martin Vilarino
Self Employment Tax
26 December 2019 | 6 replies
It's classified as 1099 Tax Form where you're an independent contractor.