Jeremy Houser
Is this Mortgage Fraud - yes or no.
21 October 2019 | 8 replies
Primarily, if you lie, deceive, "mis-remember", don't recall, don't disclose etc pertinent information on a loan that is insured by the US Govt then "yes", it is considered federal fraud; with charges of perjury, mail fraud, and money laundering as well and you really don't want to go there.
Michael Temple
Rental Market is Untested in a Recession
21 October 2019 | 30 replies
I regularly use the Federal Housing Finance Agency website to get real home sales data on every metro area within the US.
Morgan Gruelle
how do you track expenses you pay cash for?
1 November 2019 | 38 replies
Not for posturing and personal attacks.from Federal Regulations 1.274-5:https://www.law.cornell.edu/cfr/text/26/1.274-5...documentary evidence, such as receipts, paid bills, or similar evidence sufficient to support an expenditure, is required for -(1) Any expenditure for lodging while traveling away from home, and(2) Any other expenditure of $75 or more except, for transportation charges, documentary evidence will not be required if not readily available.Translation: you need to have records of all expenses, but are not required to keep the receipts under $75.
Charlie Moore
Is it illegal to advertise different rental prices for SEC 8...
22 October 2019 | 32 replies
@Charlie Moore It is absolutely NOT a fair housing violation based on federal law to discriminate against section 8.
Aimee S.
From PML to BRRRR - our first buy & hold investment property
4 January 2020 | 6 replies
@Travis Wylie Try Sun Federal CU for LLC lending.
David Smith
How does long term capital gain tax work in NJ?
22 October 2019 | 3 replies
15% federal tax.
Ashley Simonelli
Flips and taxes - How are you set up?
22 October 2019 | 2 replies
@Ashley SimonelliYou want to make sure that you are deducting all the expenses you are entitled to.Every expense will lower federal, state and self-employment tax liability.Potentially, an S-corp will allow for savings of self-employment taxes.
Garrett Blanchard
Creative financing for commercial 6.5 unit multifamily
23 October 2019 | 5 replies
@Ben Feder I am aware, but what section exactly?
Paul Son
Hey all!! New to BP and wanted to say Hi!
24 October 2019 | 19 replies
DC is only 68 square miles and half of that land is federally owned, park land, memorials and monuments, government buildings, etc.
Lauren Hogan
1031 Exchange - How to Decide Who to Use as a QI?
11 November 2019 | 34 replies
@Ben Feder a QI is a qualified intermediary.