A vital tax question is whether you are classified as an investor or a dealer. If you have to be a dealer, it is a tax disaster.I've learned a great deal from Mark Podolsky and thelandgeek.com guys. A fine bunch of pe...
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
I am a Broker in WI turned full time investor, I use to just flip, but am now adding rentals, 4 in the last 9 mo. If I was not a broker my rental income would truly passive and not subject to self employment tax, but ...
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...
Does all wholesalers require double closing costs? How to find any good reliable wholesale dealers that would take single closing cost?
Hello BP community I am in search of some answers in regards to mobile home investing using John Fedros techniques in mobile home communities. After doing some quick research it appears I would need a dealers license ...
I just purchased my first Upper/Lower Duplex and have 3 tenants in the upper unit. I have been renovating the lower the last few weeks and am almost ready to rent the 3 Bedroom place out. The upper tenants are nice...
We have two projects (87 townhome pads and 147 single-family home lots) that we are ready to raise money. The land is under contract and we have started the zoning approval. We have LOI from a builder on the townhome...
Hello all,
My question is about capital raising and working under a Broker/dealer to sell securities in the syndication space.
First quick background. My pool of investors is 1500 physicians from across the US. I h...
Hello BP! This is my first post ever even though I've been reading on the site for some time. I can usually find the answers I need in old threads but on this subject I haven't found exactly what I am looking, hence t...