Hard Money: What's covered by what?
In trying to figure out what loan is covered by what law, people will ask, "is it a one to four family residence?" Or, "is it owner occupied?" Is it commercial property?
Do...
Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
Looking to get started investing but don’t have millions of dollars and notice there’s not a lot of opportunity in your market? Well, this is the episode for you! Today’s guest is a long-distance investor who uses the...
Hi All – I know another DF question. I looked and cannot find a thread with this questions. So please have some patience and provide what you know about the following strategy. I'm considering the hard money lending b...
Hello Bigger Pockets,I am a Private Money Lender. I only lend to real estate investors. I only lend to business entities (i.e. LLCs and Incorporated). I do not lend to individuals. I also only lend on non-owner oc...
Just had a hard money lender claim that all hard money loans would require an LLC. First I've heard of it (but also first time I've looked into hard money). True or false?
Can somebody @Ann Bellamy please explain why hard money lenders only lend to business entities and not people? I'd specifically like to hear about any Massachusetts laws/regulations. Thank you.
While I am waiting for a response from my accountant, I figured I would try to BP Community. I did try to search, but did not find a similar scenario.
I am considering selling my SFR in North Texas. I lived in it fr...
For tax purposes can you use the purchase of a tablet as an expense if it is used solely for the purpose of managing and purchasing properties? I would like to use one specifically for this and not my personal one.
Not sure if this is the right category, but I would like some input. I have an LLC from my pet care business that I recently closed. The accounts are empty yet still open and the LLC is still in good standing, so cou...