How do some of these sites screen their sponsors and the legitimacy of their investment return claims? For example, I have been keeping track of some of these home rehab flips being financed on sites like iFunding and...

Hey everyone,@Brandon Turner has spoken numerous times regarding submitting offers prior to walking through properties and making the offer contingent on such. I am wondering if someone here could shed some extra insi...

Hello all,

Thanks in advance for any replies.

I have one full-time person who helps me in managing my business. I also have a part-time maintenance person. I have been thinking of hiring the part-time person full-ti...

I listened to a BP pod cast last month and someone said if your business is to flip homes, you do not need to pay capital gains tax for less than 12 months. I mentioned this to my CPA and they were not aware of any s...

What is the difference between different intermediaries or how would you evaluate them assuming basic conditions are met (timely communication, can complete transaction within IRS deadlines and not a crook).  Im tryin...

Hello all. I have recently joined BP as a next small step toward my goal of replacing my 9-5 income with a more passive income. My primary interest is in buy and hold strategies. I am hoping to connect with successful...

Rev. Proc. 2002-69I found this guidance and thought I would provide a summary:It was issued to remove uncertainty surrounding treatment of an entity owned solely by a husband and wife in a community property state.Ess...

I am deeply troubled by the latest HEROES Act and hope that it will not survive in its present form. Section 110203 beginning on page 961 may be one of the biggest land grabs and transfers of wealth in recent memory ...

I"m just curious. Do you think appraisers typically make reports strictly from data or do you think personal bias play a factor. Example: most sales data for a house is public record and do you think you get the same ...

I started my yellow letter campaign two days ago and I received a call back this afternoon. The seller left me a voicemail saying he wouldn't want anything less than 400K for his property, so basically retail price. I...