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If I take out a loan to fund an investment in a notes fund, is the interest paid on the loan "investment interest" that goes on Schedule A or "passive interest" that goes on Schedule E?I found the following in "The CP...
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So my tax accountant filed my 2015 real estate LLC tax return as a C-corp rather than with the S-corp election. This has brought any new bank loans for refinancing or acquistion to a screeching halt. Looking for inf...
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Hi all,I passed my real estate license exam in Illinois over the recent weekend. I just received a solicitation via the phone from a brokerage trying to get me to join them. He found my information online showing that...
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Hi - My husband and I are on the hunt for a buy and hold properties, and Im curious if anyone has a general rule of thumb or quick tip regarding septic systems. My initial reaction is to avoid them at all costs, b...
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Here's an article from Market Watch on > "The danger of foreign buyers gobbling up American homes"What's your reaction and thought on this issue.
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I've got a lead on another vacant piece of land. Its six 50x125' lots next to each other. Possibly great location for smaller houses or manufactured homes. Unfortunately, there is no decent access to the road. In t...
We currently rent a SF. Our lease ends on July 15, but the next tenants have asked to store their stuff on the property starting at the end of June. My gut reaction is to say no. What is our liability if their stuff g...
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What are some good direct mail companies that other agents or investors here on BP may be using ? There are so many out there it's a bit overwhelming screening them all to see who is actually good.
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I was just wondering if anyone on BP or have heard of any investor being called a "slum lord"? Would anyone else take offense to being called a "slum lord". It puts a bad taste in my mouth personally. Below is the sto...
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I'm working on purchasing a unique property that includes a small home on 20+ acres. The seller owns an arborist business, has been in the home since the late 90s, and owns the house outright. He wants to move furth...