I have a client that would like to invest in one of our commercial multifamily properties.  We have an in-house 501c3 nonprofit.  What we want to do is route her investment through the nonprofit and into the commercia...

Hello my name is Rory Shaffer, I’m very green to this industry but I feel like I’ve been bit by that bug and I’m always looking at land/property and playing that what if game in my mind. I’ve been doing a lot of homew...

I heard today that after the new finance reform bill passes, you'll have to 1099 for selling anything over $600. Anyone know about this? If I sell a couple gold pieces over that amount, do I need to 1099? How about ga...

I am honored to be a new member of this fantastic community.

I am 33 years old from the Hudson Valley of NY, and have spent most of my adult life trying to overcome the effects of a poverty stricken upbringing and b...

Most of us are aware of the potential tax benefits with owning a STR and some of the rules regarding material participation. I was wondering if you purchase an STR in December and perform a cost segregation study and ...

I've done a couple deals with out asking for second opinions before and it's bit me, not bad, just didn't make as much as I thought so I'll ask you all once again for validation and opinions on a possible two building...

Hello,I recently just put some properties under contract with an investor. This is both of our first deal, so we are unsure as to how to structure the partnership. He supplied the funds to do a cash offer, so the prop...

I purchased a fixer apartment house, unoccupied, in 2020. It will be ready for occupancy in early 2024. My accountant said I didn’t need to issue any 1099s yet because the property is not in service as a rental. This ...

Investment Info:

Single-family residence fix & flip investment in Lithonia.

Purchase price: $75,000

Cash invested: $25,000

Sale price: $144,900

Hello Bigger Pockets,

Long time viewer, first...

I work in renovation sales: primarily kitchen and bathroom renovations, so I meet with many individuals who are looking to put their home up for sale in the near future.From my understanding, there is no such thing as...