Carlos Little
How to report taxable gains on NPNs
Hello everyone,
I am about to begin investing in notes myself, but I have a conflicting question posed by a client of mine who also invests in non-performing notes.
How do you report any gain from these...
David Pike
Bonus accelerated depreciation on a fix and flip
Hello,I have a question related to getting accelerated depreciation. Assuming I meet the IRS guidelines for a real estate professional, can I do a cost seg and claim accelerated depreciation for a fix and flip propert...
Greg Wright
Using a self directed IRA for rehab.
Has any rehabber used a self directed IRA for rehabbing houses? How do you handle the profit. Does it have to go back into the IRA which would seem to defeat the purpose as you couldn't make any money to live off. If ...
Greg DuPan
Selling flip in Ohio advice needed
Hi all, this is my first post, been reading tons on BP. I have a couple rentals and decided to do a flip this year. Its just finishing up (next couple weeks) and one of my tenants approached me about purchasing the ...
Brian Lau
Negotiate with potential broker
Commercial broker wants standard 6% and to sign exclusive listing. I already have a LOI that needs negotiation. What are ways to get out of an exclusive contract?I also have another broker that will do it for a flat f...
Bryan Carleton
How to raise money from strangers
Hello, I’ve got 4 buy and hold duplexes and 1 SFH that is a fix and flip which is done and currently on the market. One of the duplexes is being renovated now and I’m looking for more.I have a couple of deals I’m look...
Joey English
Work to learn, not to earn.
Work to learn, not to earn:There are concepts that have truly life-altering effects. For us, the idea of working to learn, not to earn was one of them. This notion came from a book we read called “Rich Dad Poor Dad” b...
Marcus Lawson
Hi, I'm a Pharmacist-Newbie-Central/North Jersey
What's up everyone! My name is Marcus. I am 26 years old, a pharmacist, from the North/Central Jersey area. I am a fairly ambitious individual who earned my Doctorate of Pharmacy at 23 years old, started as a sta...
Denny Robert
"Better Together" City-County Merger Discussion
I would love to hear your input on the Better Together City-County merger from a real estate investing perspective.Is this good for real estate investors?Is the merger better for current and new local businesses as a ...
Michael Baerga
Planning a mobile home park
I listen to the bigger pockets podcast all the time, and recently I've gotten really interested in mobile home parks. To say the least bigger pockets has inspired me. However I am not sure how to follow through with ...