If I loan someone 10K at 10 or 20%. Interest. Am I taxed on the interest made? Do they give me a 1099 or how does that work? Thanks

Investment Info:

Other private money loan investment.

Cash invested: $50,000

REIT Loan @ 12%

Im looking to purchase condo properties via Auction..What is the experienced investors thoughts on this website: http://www.browardhomeauctions.com/

As a relatively new investor, what should I take into consi...

Hey there BP forum!  I hope you are all chasing your dreams and making things happen.  I need some direction or advice on best approach to funding my first investment property.  My rookie REI journey has provided me n...

Hello,I am trying to get out of my current primary home and use it as a rental. The area I live in is a great rental area. I can longterm or medium term it. I know it will cashflow well as my rate is very low. I want ...

Paying off a house completely is a trap. You should avoid it if you want to amplify your wealth.Here’s what to do instead:Successful investors own nothing outright. They sit back and wait as their properties go up in ...

Hello everyone,I am a newbie, recently join BiggerPockets and have started to learning about REI and landlord business. I have purchased a new property and currently waiting closing. The current owners have been asked...

I see some people mentioning this. Of course, if your STR is by a lake or some other highly touristy location I don’t think it would work as a LTR

Good morning everyone! I am in the beginning stages of real estate investing. I have continued to further my education on different aspects of real estate over the past few months and plan on continuing to do so. I ha...

I just recently used my 10th Fannie/Freddie mortgage so I’ve been diving in to learn about my lending options moving forward. I spent the day yesterday calling local banks and here’s the decision I’m trying to make:I ...