Nathaniel Moore
Agent misleading info lost me money
Can you sue an agent if they tell you “that an appraisal and inspection are the same thing and that you can be sued by the seller if you don’t deliver earnest money “?
Oyinkan Prater
Reliable Contractors Needed in SLC, UT - Heavy Rehab for 2 units of a 4bd/2b property
Hi! I am getting ready to rehab my 4bd/2b house in Salt Lake City, Utah to 2 - 2bd/1b units. It's a partial gut renovation I'm looking to rent out. Is anyone willing to provide recommendations for reliable general con...
DL Martin
IRS view of taxpayer intent.
Sorry for the clumsy thread title.
I have searched the forums here but still do not have a clear idea of what makes someone a "Real Estate Investor" vs. "Real Estate Professional."
In the interest of br...
Chris Oei
Liability of REALTOR providing MLS access to wholesaler?
Hi all.I'm a REALTOR, and I've been approached by a wholesaler who's offered to be my assistant in exchange for access to the MLS. I've checked with my broker, and this is allowed so long as the non-licensee doesn't d...
Account Closed
Scottsdale Flipper Found Guilty on Three Counts of Tax Evasion
At Trial, held Sept 2022, it was determined that he was guilty of Tax Evasion
According to the report, for the Tax Years 2014, 2015, 2016 he
Failed to accurately report his income between calendar years 2014...
Account Closed
New Budget Proposal and Possible DC Recession
Does DC and recession belong in the same sentence? Curious what people might think about the talk regarding the new budget proposal and a possible recession in the DC area? I've heard speculation of home prices droppi...
Annmarie Hill
Please help evaluate 1st possible deal
Help me evaluate this off market deal that's non-traditional. Seller will finance
Large building with 3 storage bays/shops on one end
1. Rented at 1500/mth
2. Will rent back to owner at 1500/mth
3. Small one rente...
Elliot Grochal
Apartment Renovation NYC
Looking for a good contractor that has experience doing low cost apartment renovations in Manhattan, Queens, Brooklyn. Please send recommendations my way. Thanks!
Andrew S Austell
REI Education costs on start up? Tax deductible?
Ok,Started a 2 person partnership last year. The idea is to invest in short term rental property. We formed the LLC, and paid for some informative seminars and conferences. We (the partnership) have yet to buy a pro...
Bryan L.
Tips for Newbies - MLS deals part 2
Yes, there ARE good deals on the MLS (read that again). I've bought around 30 houses over the years, and most of them have been MLS-listed deals (mostly REOs and HUDs). In the last 12 months, I've profited over $...