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Results (10000)
Mindy Jensen Question About Lending Laws Regarding Private Loans
12 December 2016 | 9 replies

So let's say I have $X to lend. I've been happily lending it out at 10% with no points. (And no, I'm not looking for new borrowers at this time.)If a friend has his own lending business, where he is lending at 12% + 4...

Steven Lopez Income Taxes for Conventional Mortgage
6 January 2022 | 7 replies

I've seen it mentioned on some posts that lenders like to see that people pay income taxes. What do they look for with conventional owner-occupied mortgages? This is conflicting because we try to write off every dolla...

Account Closed Using personal savings to start business
23 November 2017 | 11 replies

Hello,My husband an I started in real estate flipping houses this year, we already had a corporation from a previous business so we are currently a corporation. We used our personal savings to buy our first property a...

Julian Riezgo Building Business Credit without a business
15 February 2021 | 0 replies

I'm wondering how to access business credit cards if I don't have a business or haven't set up a LLC for rental property.
Would I be able to take my pay from my W-2 job and deposit that money into a sole proprietorsh...

Ryan LaRocca Taxes and Startup Costs
4 June 2014 | 2 replies

Hello BP,

Was hoping to get some insight on running a business and some of the tax benefits involved. I am mostly interested in the possible tax deductions that I can get from spending money on my real estate...

Chris Roush Tax write-offs for creating an LLC
6 January 2019 | 6 replies

I am working with an attorney to setup my first LLC. Since this is my first business, I'm trying to figure out how to handle the expenses when the 2019 tax season begins. Since I had to start the LLC with my own perso...

David Tung Refund the deposit or not?
12 December 2017 | 29 replies

I have a older couple decide to rent my rental property. They have moved all their stuff on the first day and plan to move in next day. 3 days later, the granddaughter who has helping her grandparents to find my renta...

Alex Babayev #MoneyTalkFriday Real Estate Investing Money Talk Open Convo
5 October 2018 | 0 replies

Rule #1 Don't Lose MONEY EVER! (Especially when it's OPM Other Peoples Money) I fight harder and longer for OPM than for my own. Happy Customers AKA Investors leads to repeat business. Repeat business and happy custom...

Chand P. How to lend huge amount to a friend?
14 November 2014 | 21 replies

Hi,This is my first post here and please be easy on me.One of my friend need money for his business activity and none of the professional bankers won't lend him money due to his tax filing situation, loan to debt rati...

Lisa Koontz ELI5: personal vs business funds and co-mingling
27 April 2021 | 2 replies

Background: Just starting out, and I'm trying to wrap my head around how to get set up. Strategy is to BRRRR or buy-and-hold SFH. Great personal credit (780+). Planning to start small and grow into something bigger th...