The Bank send a 1099 for the charge off for this Tax year. 

Purchase price: $700,000 Cash invested: $30,000 The most creative deal I've put together with owner financing, low down payment, and high debt pay off.

Now, with borrowing at 6% +, the equity investments just don’t seem to make sense.More telling, perhaps, is that my usual sources of deal flow have not been able to come up with those one off GREAT deals we used to get once or thrice a year.  

Given this new law it concerns me as a buyer and I want to know if agent fees can be written off whether through a personal deal or through an LLC.

I am currently under contract for a very unique off market property that is waterfront (Manatee river, Bradenton, FL) and very close to the seawall(1958) & rip rap(2016).

Hey BiggerPockets community,I'm Vinicius, a new real estate investor in Miami looking to connect with other cash buyers interested in off-market deals across Florida.

It's just a good idea to be ready to pivot with a traveling nurse/clinician in the event that COVID or civil unrest ramps up.

As Ken said some people are built for creative financing, some are built for rehabs and some are built for buying turnkey properties and handing it off to a property manager.

First mortgage paid off as well as all other parties (attorneys and surplus, etc).

After a year, he'll do a cash out refinance to pay off the credit cards and start the cycle over again.