2016-02-18-bp-podcast-162pay-irs-amanda-hancpaHighly recommend to anyone consideringReal Estate Investing.

Will the IRS want to know who I paid the money for the major repairs?

The name makes it clear what you do but as for as the products and services offered specifically I was excited to hop on a group call with you last spring which was a 60 minute upsell of either the credibility package or the full SEO package.

This would essentially defer capital gains until you either 1) sell the new deal or 2) die and the IRS cleans the slate.

It's not a passive job (regardless of what the IRS says).Everyone honestly should be running and creating their own calculators - why people invest tens/hundreds of thousands of dollars and then rely on someone elses (or better yet - pay for someone elses) calculator blows my mind. these are simple calculations for 90% of landlords.

So we could probably wrap that all up into fear..but now actively looking to hop in, by the end of year!!

There are some important items to be included but you simply say what you want about who owns want etc.Apply for a federal tax ID number online at the IRS site.  

(Now down to 42 accounts).It was a life saver during our first extensive IRS Audit, as they checked detailed ledger entries etc etc on all properties going back 7 years.

one applicant emailed me his EIN number document from IRS !!

Because most bank financing requires personal guarantees, something strictly prohibited by the IRS in Internal Revenue Code Section 4975, therefore precluding you from using leverage.