How do you know if IRS tags you as a dealer. Every information out there is only talking about the differences between a dealer and investor. No one is really talking about the actual process. How do you know your cur...
I have a rental property in Cleveland that i need quick help with for some day laborers.. When i was in Texas, it was very easy to find day laborers in a Home Depot parking lot, or on certain corners that everyone kne...
If you build a new house, and rent it out with a 1 to 1.5 year lease, and the buyer is renting to own, but the sale takes place after the lease ends, is this treated as income or as a capital gain? Would the rental p...
Hello all,I was just at the local MH dealer and looked at a few homes for a lot of land. I was set on a doublewide and honestly have no idea why. I am set on it being at least a 3/2 and 1100-1500sqft. Do y'all see a d...
Sorry, this is complicated, but I want good advise from any/all, so I'm going to include some details.
I closed on my first duplex two weeks ago. The property was fully occupied and according to the previous lease, I...
Any recommendation on where to buy appliances for multi-unit properties. Big box stores are pricey or same model doesn’t available. Looking for direct purchase for the manufacture or any recommendations.
Hi All,
We just started a c-corp to take advantage of ROBS capability, and I'm doing some basic research on cash vs. accrual method for accounting. For a rehabbing business it may not make much difference du...
I'm going to be acquiring a park with some vacant lots I already know about doing test ads..etc but when it comes to a vacant lot and filling that spot is it just like advertising a rental home? I had an idea of gett...
In this article https://joefairless.com/struct...by Joe fariless, in the last sentence of "4 - Investor Relations" Joe says: "Technically, according to Rule 3(a)4(1), if someone is only raising capital, they are not c...
Random question (delete if not permitted): I'm thinking through a mobile office (think refurbished van, coffee truck, etc). Anyone have any good starting places for that? I don't think I can swing a full Sprinter remo...