My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...

Economic Update
(Monday, May 31, 2021)
The one place that's rip-roaring in our economy is the housing market. In fact, home prices are accelerating, as the Case-Shiller 20-City Index shows. Year-on-year gains rose ...

Economic Update
(Monday, November 23, 2020)

When COVID-19 arrived, all of us were confronted with an unexpected pandemic that upended the plans we had for 2020. But the pandemic is only part of our story. Whe...

So I had a studio that happened to come on the market 3 days before the corona lockdown...Just finally rented it out after 45 days on the market....at $200 below asking....Was asking $3000...
What is even more weird ...

Good Evening BP members!I am very new to REI and my fire was sparked by a free webinar hosted by Larry Goins. I learned of Seller Financing that day and I got really excited. Unfortunately, the $5k-$10k homes that I c...

Hey BP community!I’m about to start building a vacation rental in the dessert near Joshua Tree. I’m starting to feel that by the time it’s built we could be in a rescission (if we’re not already). What will this look ...

                                                          Economic Update                                                    (Monday, August 24, 2020)
Its going to take years for our economy to fully heal from th...