Hello!TL:DR What income do loan officers look at? Total, Adjusted Gross, or Taxable Income?More in-depth: Should I file as sole-proprietor and reduce my tax liability by reducing my adjusted gross income (pays more SE...
I am thinking of getting into multi-family specially 4plex to start with. I wanted to go local but the price tag too high in Dallas, TX area. If I go within 4-5 hr drive I can find better deals. Although I will be giv...
Since I get these questions a lot - I thought going out to the BP community to see what they think might be educational.As a private lender, I've discovered the term is very ambiguous and vague to borrowers. There are...
My 6 year plan in Real EstateYo what's up BiggerPockets?! I am a 24 year old new investor working at real estate firm here in Nashville. This is my plan for the next 6 years on my quest for 1 million dollars in equity...
If you’ve ever taken a loan from a bank, you know funding can take months and come with headaches. Experienced investors rely on unconventional ways of financing deals. Two methods of this are private money and hard m...
As I understand it, 1099s are required for anyone I pay $600 or more during the year for my rental property investing. I have a few questions about the exceptions though.
1. Do 1099s have to be sent to cities or coun...
Hey everyone,I am a brand new investor! I have done months of research and analysis on properties in the Saint Roberts, Missouri area (65584) and have found myself continuously landing on the same property. The prope...
Hello BP members. I am a former full time RE investor that had to rethink life when the economy shifted. I became a career firefighter and continue to invest. My primary source of leads were pre-foreclosure, which ...
Hello Everyone,I am fairly new to real estate and have some questions that I can't seem to find an answer to. I am a small business owner, and my business has yet to take off. It is my third fiscal year, and have seen...
Hi All,Currently I am a Property Management Company with 20 units that I manage. At years end I will be forming an LLC and creating new contracts with the owners under the newly formed LLC.My plan is to just have 1 LL...