Michelle Chan
BEWARE Techvestor / Scoutpads
I want to caution everyone against investing with Techvestor (techvestor.com)
or related companies Scoutpads, Metallic Blue Development (MBD) and
Superhost Labs. All of them are centered around Sief Khafagi and hi...
JD Martin
RE Agents - how is lack of inventory affecting your income?
@Russell Brazil @Dawn Brenengen @James Wise @Jonna Weber @David Greene @John Thedford @Nathan G. @Joel Owens @Jordan Moorhead @Brie Schmidt and hopefully a whole lot of people that I've missed -I am curious - how has ...
Greg Gasiorowski
Investing in Low Income Areas
Hello everyone,I'm new to the forum and have been doing a lot of research in buying rental properties. I currently live in the Philadelphia, but would like to invest in lower income areas such as Chester, Marcus Hook,...
Manmath D.
Switching to SDIRA, finding sponsors and getting into MF
I wanted to know your thoughts on this. I was thinking of moving close to $200k from an old 401k account into SDIRA. I’m not much familiar with SD custodians. Only one I know is Speciaized trust company. Do they vary...
Jim Goebel
Opportunity Zones Research
Greetings all. After seeing 'Opportunity Zones' mentioned in a news article last week, I have it on my to-do list to research the landscape for these. I will be updating this thread as I learn relevant items. Pleas...
Account Closed
Which indicator is better? Cash-on-Cash or IRR?
The formula for cash-on-cash is cash flow divided by total cash invested (aka down payment). To my knowledge, it's primarily a single-annual indicator meaning the cash flow is annualized and only for one year, whereas...
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Bill Gulley
Detroit, bankruptcy, any silver lining?
Any silver lining there. 100,000 creditors. 78,000 homes empty, population 700,000, down 1,300,000 from the glory days. 40% of the street lights are out, half the parks closed and over 100 schools closed. Highest crim...
Ben Gonzalez
Dealer Status and Installment Sales
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...
Allan Rosso
Do you need an LLC to report business expenses when filing taxes?
Do you need an LLC to report business expenses when filing taxes?This is a question I have had for a while, have researched and talked to a few people about it, but I can't seem to get a straight answer on. I even con...