Matthew Schroeder
Accountants: Sale of Rental Property in LLC - Ordinary Income or Capital Gain?
13 April 2019 | 11 replies
Is there any legal/accounting interpretation/loophole which would allow for that sale to be considered a "capital gain" so that I can utilize my stock losses as an offset?
Joseph Ziolkowski
Wholesaler question for rehabbers
19 December 2010 | 12 replies
Many months ago I sent questions to my state's AG office and I am happy with the state (NC that is) Commissioner of Banks providing the interpretation.
Robert M.
Finding Financing for New Construction
7 November 2020 | 6 replies
I was aware of what you outlined and that there was guidance after it that clarified the interpretation, but I wanted to be sure nothing changed after 2019.https://www.biggerpockets.com/...
Robbie Taylor
Why not snowball the debt on real estate investments?
15 May 2017 | 66 replies
I'm looking at other readers here who could interpret it in such a way, though.
Jeremy T.
Do I have to pay taxes - property manager / handyman?
7 March 2014 | 1 reply
Assuming the source website is legit, the tax law can be interpreted that if you only own a few properties and it's in your name (or an LLC and you and/or your spouse are the sole member) then you do not operate a trade or business and are not required to issue a 1099 regardless of >< $600.http://landlordsolutionsinc.com/2013/12/does-your-handyman-need-to-fill-out-a-1099/However, I did read on this BiggerPockets post: http://www.biggerpockets.com/forums/51/topics/87325-issue-w9-for-work--600... that it's generally a good idea, good practice.
Luis A.
HUD trying to eliminate owner financing??
22 February 2010 | 1 reply
The proposed HUD Rules interpreting the federal SAFE mortgage act can be viewed at www.regulations.gov Use the search parameter "HUD" and the keyword "safe".
Donald Thomas
Help... Newbie is drowning...
7 November 2019 | 42 replies
Sorry that you were disappointed in your interpretation.
Cory Damon
A Challenge to Texas Right of Redemption
25 August 2016 | 1 reply
But as I read the highlighted sections above, I'm seeing two different interpretations; 1) anyone that has a right to the property and was not notified [33.54(b)] is not bound by ANY limitations period, 2) anyone that falls into the first interpretation actually has a 2 year limitation [34.08(c)].
Jaki Ollango
Private Lending Question
21 September 2022 | 23 replies
I will forewarn you they are written in a lot of legal language, so it can be difficult to interpret.
Bruce Woodruff
Unhappy Guest message...
19 January 2023 | 17 replies
.: This honestly seems like an awful way to be a host.Your guest has problems so you say 'well here's the door buddy, if you leave, i'll refund you for the nights you don't stay, otherwise, shut up and deal with the problems and we wont pay you a dime'No, it doesn't say that.....it says exactly what it says, not what you want to interpret.