Big news, syndicators: This morning, the SEC adopted amendments that expand the definition of 'accredited investor'. This has been a LONG time coming. The changes will be effective 60 days after publication in the Fed...
Hello BP!In a real estate podcast(possibly the BP one) I heard a guest mention that depending on what they claim on taxes could determine if they get approved for future loans. I am wanting more information on this to...
Are there any general guidelines for what type of entity is typical for a note business? Outside of notes, you typically do your buy and hold in an LLC, but your active work (wholesaling and flipping) in some type of ...
Hey all, I just made my first post, and it wasn't to introduce myself, so I think I'm already doing this backwards.My name is Wes Parkinson, and I've got eight rental units here in Stockton. I'm actually a licensed c...
Hi guys! Looking to get some more insight on legally structuring and starting a real estate investment group business. A few partners and I are looking to put our money together and buy properties underneath a joint L...
Hello, I have searched the forum but do not see what I am looking for so hopefully someone will lend some experience here.Here's the story: I listed my home and accepted an offer which I stated was my last and final w...
Hi All, I am trying to figure out the best way to fund a potential deal. My company awarded me some stock a while ago which recently vested. I didn't want to get hit with major taxes if i sold it. Is there any way to ...
Having reviewed what's previously been discussed on this forum regarding whether people list what their actual cleaning cost is vs. a reduced (or in some cases inflated) price, can anyone share if there is a tax liabi...
I am looking for advice and ideas from those with experience with 1031 exchanges. I have a family member in the process of selling their business and was recently advised to consider a 1031 exchange for the portion of...