Michael Amos
How do taxes work if I receive money from a friend?
How would taxes work if I receive money from a wealthy friend who isn't a "Private lender", but just someone willing to donate cash to help me with a fix and flip. What forms should be given from me to them, or them t...
Thomas Lowe
Need advice on potentially a really good deal
I have a family friend who has inherited a very nice home in a nice area. Needs about 50k work, and could be sold for profit of probably 60k. This friend is the executor of the will, which states that all of the proce...
Daniel Hart
How to offset capital gains from a flip
I don't normally seem to make money, so I don't have this unusual problem :)
I am expecting a gain of about $50k this year from a flip deal. I have 15 rentals and I will probably depreciate them all, and take any ...
Thomas Jonsson
Got burnt (literally) and don't know what to do
I took my first step and bought a SFR in Indy from a wholesaler. It only needed minor rehab and would then rent for $800. Things were going very fast and smooth and I was excited. However; after only 10 days of owning...
Frank Gossman
need somemore great advice
I don't want to keep bothering you guys but: Can you help with your thoughts som background. Property 10 plex purchase price
3yrs ago $ 1,995,000 on the market 2009 for $ 1,449,000 partners want out ( break up ) I as...
Corbett Brasington
Hoarder house....what to do with the stuff?
Curious how people have handled this in the past? My initial though is....dumpster everything but jewelry as I don't want to deal with the time it take to sort things.
Can you donate it and get a huge write off from...
Michael Lindsey
Would anyone mind donating me a few sets of Before/ After front of house shots?
I've put about 700-800 hours into building my parents website. My father can be the king of procrastination when it comes to delivering on certain requests, and you would hope that after the amount of personal time...
Adrian Wooten
Unable to receive funding due to Church as a tenant?
Hello,I found a really good deal on a small 3 unit commercial property but the hard money lenders that I reached out to stated that they would not lend to me because the property has a church as one of the tenants. Is...
Paul Sandhu
Do you put your old appliances/electronics/furniture in your STR?
I just put my old washing machine in an STR. It was sitting in storage. A few months ago we put our 63" HDTV in an STR and bought an 80". A few years ago we put our old side by side refridgerator in a place and bou...
Balachandar Duraiswamy
Bill gates investment in Phoenix area
Hi Guys, I heard that Bills gates invested to build a smart city in Phoenix area. Any updates on this? Where would I find info on this?