Mike S.
What are the tax reporting for a foreign lender
I have an offer by a non US taxpayer to lend some money to my company.What are the tax requirements on my side:Does the lender needs to obtain an ITIN?Should I issue a 1099-INT for the interest paid on the loan?Do I h...
Peter Trifan
Michigan Builder License Course/Class Recommendations
Hey everyone,I was wondering if anyone has taken a course for the Builder/Contractor License Exam in Michigan? Was it a positive experience? Would you recommend the course/class that you took? Any feedback would be gr...
Andrew Jennings Freerks
Alternative to PropertyShark
Hi BP friends, I usually use PropertyShark to examine and compare properties for my analysis. Their fees are quite high ($129/ month) for the ability to pull up property details across the US. Does anyone else recom...
Joshua Dorkin
Another Bank Bites the Dust
Integrity Bank Becomes 10th U.S. Failure This Year
Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, the 10th bank to collapse this year amid a surge in soured real-estate loans stemming fr...
Thomas O'Donnell
Some Creative Ways to Add to Your Portfolio With Little Money?
I am writing this post in hopes that some of you have some great ideas or advice on what I can do in 2023 to grow my portfolio without having a lot of money. I'm currently house-hacking a duplex in Columbus where I u...
John Lucero
Texas Tax Deed Sale Pit Falls
Hello everybody i finally managed to gather enough capital to finally venture into some texas tax deed deals and was wondering what types of pit falls anyone has run into. I've read and researched as much as i possibl...
Lucas Anderson
$100k in savings, out of state new investor looking for a market to build on - Omaha?
Hi there, I'm a new investor that has been a long time BP content digestor and ready to finally dive into my real estate passions part time. I'm looking at Omaha as a potential place to get things started as I've seen...
Nathan Grubb
What the what? Should this valve be here?
So, I'm examining the plumbing for my bathroom that sits in the joists of the basement, and I notice the valve pictured here.One side is hot, the other is cold. From what I can tell, hot is on full-open and cold is co...
Evan Hyde
Taxes on sponsor cash flow
Question for the RE CPA's: If I have a deal where I am the sponsor and invest no equity, while my investors invest 100% of the equity, and we agree to split cash flows (let's say 50/50). Our first cash distribution co...
Joshua Kleiman
Tax Deed Sales - Miami, Florida
Hi there. I'm looking to buy a tax deed property from an auction in Miami. Do any of you have experience with this? If so would love to understand how to go about doing the diligence prior to auction day to find out h...