As a wholesaler..when income tax season comes do I have to file income tax for any of the properties I wholesaled?...
If yes or no..what else am I required to report on income tax?
Thank in advance!
I have a Wyoming LLC, can I do (1) wholesale deal in Illinois under that LLC? Also, what is the best contract and way to assign a deal in Illinois? Any feedback of knowledge would be super helpful.
I am trying to get started in real estate investing and sent out a direct mail campaign last week in search of motivated sellers. My hope was to invest in at least one of these properties and potentially wholesale any...
Just starting so to me the "wholesaler" thing is a mystery. I understand the basics of the concept but what I am missing is why the wholesalers are not retailing the homes. Can someone enlighten me?
Also if I...
I’m only 16 but I’d like to know everything about wholesaling before I turn 18 so I can try and get right up and going, I’ve seen YouTube videos and all that but I wanted more information on what to do to get a contra...
Im 20 years old, I’m trying to get into wholesaling but I’m lacking the knowledge to do so, I’ve heard plenty of stories around the internet it’s good to have someone to help along the way, as in you’re helping them a...
I'm looking to make connections and learn as much as I can. My first question: In New Jersey, can contracts on foreclosures be assigned?
Can anyone recommend a real estate investor "friendly" escrow/title company. By friendly I mean one that is used to handling the types of off market deals we engage in and that will not make the seller sign an assignm...
I'VE SEEN A FEW INVESTORS ASKING 2.5% DOWN FOR RENT TO OWN MULTIFAMILY HOMES. NOW IF I WAS TO PURCHASE THIS HOME ON A RENT RENT TO OWN BASIS CAN I RENT TO MY OWN TENANTS AND COLLECT INCOME?
COMMENTS MUCH APPRECIATED,...
A newbie wholesaler, who says he has a Mentor, has a one page Purchase and Sale Agreement that contains the following provision:"This contract is binding at 11:59 pm on the tenth day after it is executed by the buyer ...