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Results (10,000+)
Hal Cranmer Marketing to probate lawyers
21 June 2011 | 22 replies
Sounds like I need to make actual human contact. lol
Maurice Ellis LLC for wholesaling
19 November 2013 | 7 replies
It depends on many factors.In general if you are assigning contracts that is a relatively low risk process and an LLC may not be much benefit.Owning property on the other hand is higher risk and I put my properties in an LLC.Mixing the two in one LLC is generally not a good idea and can bring about severe tax consequences if you are determined to be a "Dealer" by the IRS.I am not an attorney of CPA, the above is not to be considered legal or accounting advice for your particular situation but simply how I might handle a similar situation.I recommend Nolo Press, books on LLCs and their webstie as well as seeking advice from a competent professional.Good luck - Ned
Hugo Uriostegui Neighborhood dispute with my tenants
31 August 2018 | 3 replies
It costs quite a bit in lawyer fees typically, and I’m wondering how much property damage a dog can do (as long as he doesn’t bite a human)I may be wrong, but I don’t see a $20K suit for some chickens and digging some holes.
Christopher Olsen Selling without a realtor
18 May 2020 | 6 replies
@Christopher Olsen I don't mean the Zestimate/ Redfin estimate, I mean actually get an offer from an iBuyer, that way a human might actually look at it instead of just an algorithm assuming it is available in your city. 
Junior Francica First Flip, what to do with profit from flip?
19 December 2023 | 12 replies
It made more financial sense and was much easier than flipping more houses and paying taxes on ordinary income.Makes sense - "tenant" & "frequency" play a key role in being considered a real estate investor vs. dealer for tax treatment.  
Anthony D'Angelo Invest in Cleveland/Akron or Columbus Ohio?
21 June 2023 | 12 replies
Or if you want 4% rules (with some shady tenants like hookers and drug dealers) you could buy in East Cleveland or parts of Toledo!
Maceo Jourdan Is SubTo A Waste of Time? My personal results.
11 September 2023 | 11 replies
We're a crew of amazing individuals who are growth oriented, kind humans, who want to help each other and grow to their best selves and make a ton of money in the process ;)]I joined Subto (and Gator) 1.5 years ago.
Jamie Oie Must ask questions when interviewing a CPA
17 January 2018 | 8 replies
The other thing you need to be careful with in the flipping stuff is being classified as a "dealer".
Sawyer Ballard Tips for a 16 year old aspiring investor
26 October 2022 | 17 replies
At sixteen you can volunteer at Habitat for Humanity, a great way to learn lots of construction knowledge and get some contacts.
Pam Smith Schedule E - filing as non-passive income
20 February 2023 | 31 replies
My average daily use is 7 days or less, I do not provide services and I did materially participate at least 100 hours and more than any other individual and when I say individual I mean human and I have time logs from them.