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Results (10000)
Georgeos Partheniou Llc vs Personal cash out refinance
26 January 2024 | 20 replies

Hi guys New to this forum and have been getting conflicting advise on this matter. This is a question on refinancing- If I own a property in a Llc company with lots of equity, I refinance, that money is classed as tax...

Robert Shoffner Skip Trace
23 January 2019 | 18 replies

Has anyone used skip tracing services? If so, I am just curious as to what your success rate has been on using it. It is very expensive, so for example, if you spent $1000-$2000 on skip tracing, (anywhere from 25 to...

Mike Cartmell Creating a first position note on a free and clear property
25 October 2013 | 16 replies

First off, please excuse my ignorance on this matter and thanks in advance.

I have come across a property with a tax lien on it where the owner would like to redeem. He has recently been through a bankruptcy...

Antonio Bodley Does this sound legit to you?
23 September 2023 | 16 replies

An investor sent me this yesterday.
Ok great! Maybe we can work together I’m working on a wholetail deal and I have minor work finish. I’ll flip your investment in 30 days all above board on contract. You can come i...

Manuel Sarabia Do you track sales by the date they are sold?
20 March 2016 | 4 replies

I had two flips close in the first week of January. I purchased and rehabbed them in the last six months of 2015. 

George Adkins S Corp, LLC? For Realtor
15 May 2021 | 4 replies

Hey hey! I am a new Realtor in the Bay Area, California. I have heard that it is good to get a LLC or S Corp as a realtor. Currently, I have neither and I need to get that changed. So I was wondering if anyone had any...

Beary Bowles Airbnb rental under attack, what to do?
27 July 2020 | 2 replies

Hell all fellow investors.I've owned my personal property for years and have been house hacking it for approximately 3yrs through personal renting out per bedroom or through airbnb (house hacking. Both my neighbors (...

Alek Lowry Trying to separate business and personal
13 April 2019 | 3 replies

I am trying to do a better job of keeping my personal finances and my business finances separate. What is the best way to do this? I know I should have two different bank accounts. Currently I bank at the local credit...

Michael Biener accounting for newbie with owner occupied multifamily
29 October 2017 | 5 replies

Hi all, i have been lurking around bigger pockets for the last 6 months or so.  This site is very helpful, especially for wishful newbies like myself. I finally closed on my first investment property a few weeks ago. ...

Hans Restuccia Would anyone care to share the contents of their BUSINESS PURPOSE AFFIDAVIT??
7 May 2013 | 24 replies

Here is some language from the one we are using:

2. The entire proceeds of this loan are to be used for a business purpose and not for personal use and the property will be rented for a period in excess of 12 months....