Hi all. I figure I'd check in with the financially savvy folks of BP to see what is the best way to purchase a car. I'm not looking for a brand new car but a good used one that's maybe two to three years old?
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I'm not sure if there's a market for this or if this even exists. Let me know.
After paid consultations with high profile CPA's who specializes in real estate I have contradicting answers to my question, I wonder what bigger pockets folks think about it.Question is will irs assign dealer status ...
I started another LLC in 2017 with a focus on wholesaling and flipping homes. We held nothing in this company and sold everything no longer than 5 months. Our CPA is saying we will be classified as a dealer/trader a...
I'm new to the real estate world. Been reading for years and finally jumping in. I'm starting out by doing contract assignments. I have one question that I cannot find anywhere. How does contract assignment rela...
BP,I was wondering what some avenues were for getting financing to fix homes in your park, or finding other creative ways to get them repaired at no out of pocket to the park owner. So far I have come up with these:1....
I've been learning about SDIRAs and from what I understand when you use the money in your real estate business, the money you earn will be tax free. So as Amanda Han put it in podcast 49, if a wholesaler puts a $1,...
Hey all -
As I understand it one person or company can complete 5 land contracts and only be taxed on the actual payments (installments of say $1,000 / month).
However - if one person or company does 6 or more land...
When sellers talk about not having the energy to fill vacant lots, do they not know about the CASH program from 21st mortgage? Or is this a red flag that there isn't a lot of demand?
I am needing to find a few mobile homes to put into a park. Our hope is to have about $25,000 into each one, total. Where is the best place to find used or foreclosed mobile homes? This is for the Florence/Darlington...