Ajeng (AJ) S.
Hard Money Lender under personal name
Hello all, I have been trying to secure a buy and rehab rental property for a couple of weeks now, it has been difficult as I am using conventional loan. We have been outbid by cash buyers. I’m trying to find cash,I’v...
Account Closed
Looking for big deductions to close out 2013
Any ideas? Would it be a good idea to buy a new truck this year? Any other ideas to get big deductions for 2013? @Steven Hamilton II
, anyone else?
David McPhail
Flip house capital gains tax
My question is what are my options for capital gains taxes? I am going to sell a flip house and profIt about $30k. Do I roll this into a new flip house, purchase investment property or down payment on the purchase o...
Grady L.
Tax question with home equity loans
Forgive me if this has been asked before. I have searched and haven't found anything.
I am trying to figure out all of the tax pitfalls when it comes to using a home equity loan to purchase additional rentals.
Her...
Alik Levin
HELOC interest deduction - New Tax Law
Dear all,What's the definitive answer - and preferably pointer to authoritative resource - regarding deductability of interest on HELOC with the passage of new Tax Law? I do realize that HELOC interest deduction now o...
Joffrey Long
Hard Money Loans: California / U.S. - What's Covered?
Hard Money: What's covered by what?
In trying to figure out what loan is covered by what law, people will ask, "is it a one to four family residence?" Or, "is it owner occupied?" Is it commercial property?
Do...
Joe S.
Tax and accounting question
Tax and accounting question..A number of years ago my wife and I purchased a house and placed it in our personal name and not an LLC. Since then we have opened an LLC or two :-). This particular property is still in o...
John Jacobs
Private Money Lending Question
Hello Bigger Pockets,I am a Private Money Lender. I only lend to real estate investors. I only lend to business entities (i.e. LLCs and Incorporated). I do not lend to individuals. I also only lend on non-owner oc...
Amy E.
Multiple LLCs - Tax and Liability Structure Questions
Am having trouble finding a real estate business attorney in Middle GA. One who can explain liability exposure to me, not just handle closings. So if you have a referral, please send it my way.That said, I want to b...
Jason W.
Hard Money and Dodd Frank
Hi All – I know another DF question. I looked and cannot find a thread with this questions. So please have some patience and provide what you know about the following strategy. I'm considering the hard money lending b...