Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
@Angelo CortezYou can still deduct, however STRs are reported on Schedule E, not Schedule C.The IRS expects you to file 1099s even without SSNs - which I personally always found to be puzzling.
Isla Arshad
Tenant Pays Rent Late and now Claims Harassment when filing for 10 days Notice
7 January 2025 | 13 replies
Its a scare tactic and she is trying to bully you into letting her get away with this BS.You need to screen WAY better and/or hir e PM for future tenants.
John McKee
Looking back on 2024
3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.
Marina Wong
711 Rescue - does it help LP in case of imminent foreclosure
21 January 2025 | 19 replies
But these two live and work it and dont sell e ducation.
Greg Strunak
Cash flow/ passive income
30 December 2024 | 6 replies
If you are sole member LLC you just take a distribution from your business account to your personal account.You are likely already reporting the income on a schedule E.
Raymond Charles Gretz
Newbie in Naples
25 December 2024 | 2 replies
Did you try meetups and Facebook Groups in NaplesExample there are few ones here in Naples which are freehttps://www.eventbrite.com/e/likeminded-naples-real-estate-i...
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
Quote from @Dave E.: @David M.
Gregory Schwartz
"Am I experienced enough to raise outside capital?"
28 January 2025 | 23 replies
That in itself is a skill and a needed over head component to keep from having investors get very antsy and then take to SM because they are not getting their e mails returned that day or next ..
Marshawn Moore
Has anyone join New Wealth Advisor (NWA) Riverside CA
26 January 2025 | 32 replies
I spoke with Daniel E who seemed like a nice guy but as I learned more he told me there was a $1200 yearly fee to be a member.
Augusta Owens
New member and new to real estate
7 January 2025 | 12 replies
Hey @Augusta Owens Bigger Pockets has been so valuable to me in my own journey, so you are in the right place.Ive been hosting an investor meetup the past 3 years and it's been a great place to collaborate with the like minded individuals and collaborate. 15-25 people show up each month and range from new investors to people,e who have been investing for decades.would love to connect and get you some more information!