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I have a number of private loans to me. I am paying interest on these loans, but since they are private individuals they wont be submitting 1099INTs to me.
How do others deal with this?
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Is owning rental properties safer in case the market crashes? Obviously flipping is risky for that reason, but given I’ve never invested before I’m wondering if it is safer and if people actually rent more if the mark...
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I am setting up an LLC. My attorney said I can use 1 LLC for all my business but I don't know if she is thinking about all the tax consequences. Under the LLC I am going to have 2 DBAs. One is for my wholesale and fli...
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Building a spec home. Who do you need to have W9's and Certificate of Insurance for? I understand that all trades need to have these but what about the GC or company doing engineering work? How do I know who I need...
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I’ve come across an interesting opportunity and I’m wondering how best to handle it.I’m looking at a 5 bed 2 bath split level home that’s currently separated as an up and down duplex listed for $400,000. What’s intere...
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Hi All --I have posted here once or twice before.In previous years, I had come into some capital, approximately ~$5M. Much of which is cash, some is in stocks/bonds/fixed income. Previously, I had been working two big...
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My family owns 12 acres of land in Camden North Carolina.After knocking the trees down, what should be the next step to creating passive income for the family ? As a family should we develop an LLC ?Also:I was thinkin...
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I wanted to reach out to the Oklahoma City Area investors and real estate pros for their take on the OKC area real estate market:Has the OKC area real estate market peaked (or near its peak)?What will drive the OKC ar...
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I'm planning on mounting an LLC to start my first real estate investments. My plan is to immediately re-invest all profits generated by the entity, in the name of the LLC, so I pay no taxes on it. I would probably inv...