Walchli Donna
How to report income on hard money bridge loan repaid to me?
Q1: How do I report the interest passive repayment interest income from a hard money-bridge loan I made to a flipper?
Q2: How do I report the profit and expenses from the sale of a flip?
Rogers Smith
Spec House Picture Diary
On one of my recent specs I thought it would be fun to document the project with pics. So I will share here the pictures and documents for anyone who may be considering specs, or is simply interested in following the ...
Vanessa Peters
Flip Territory - What is the magic number?
I'm sure this question has been asked and I apologize if it has. I can't find the answer. Tonight I watched webinar "The Top 10 Mistakes Real Estate Investors Make (and How to Avoid Them". During the analysis porti...
Justin Fox
How to explain return after making 100% of the investment back.
So say you invested 91,600 into a home. You get it rented and net profit is 10%. After 10 years and making all your money back, you'll still have 10% cashflow. But when you explain your return to people, do you st...
Chris Skjolsvik
Feedback wanted on my first SFH flip analysis
Hi everyone,I've been reading, thinking, getting excited, getting nervous, etc about getting into real estate investing for almost a year. I've been attending local club meetups, created an LLC, have a partial team (...
Brian Klingbail
Ordinary business income vs. long term cap gain on K1
Hello All,I just got back my K1 from the accountant on a property that I purchased in 3/2013, rented out and then sold in 6/2014. The K1 has all of the profit listed on line 1 as ordinary business income and does not...
Josh F.
What is missing from this list?
I know a somewhat minimal amount of investing in RE thus far. I know only from reading a lot of content here, a couple of books, and a firm grasp of economics.
Nonetheless, I am trying to assess these two opt...
Chip Chronister
How do you advertise for people in foreclosure
I am wanting to advertise to people that have been getting letters from their bank that they are going to foreclose on them and I want to talk to them before a NOD if filed.How do you advertise to these people?
Dave Zarcone
Helping a family member fix/sell a house and preparing for taxes
Hello all,I just joined Bigger Pockets with an interest in expanding my knowledge and preparing for building a real estate portfolio. I have yet to do a deal but recently a family crisis has put me right into the midd...
John Atkinson
Can you make a good deal from a house that needs to be moved?
I’ve found a house on craigslist for FREE but the owner says it must be moved off the lot that it’s located on. Has anyone had experience in this sort of thing and is this something that can be profitable if done right?