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Results (1544)
Account Closed Scottsdale Flipper Found Guilty on Three Counts of Tax Evasion
3 October 2022 | 0 replies

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...

Alisha Decoteau Letter of Intent & Proof of Funds
31 October 2017 | 11 replies

Does anyone have an example of the LOI and POF?  Does the POF have the exact amount the Investor is willing to pay for?Our position is: My partner and I have looked at the #'s the #'s add up to around the asking price...

Ethan M. Should I form an LLC first, or buy first?
9 July 2017 | 19 replies

I understand that it's important to hold investment property within an entity such as an LLC. So if I'm just starting out, should my first step be to find a lawyer, form an LLC, then have the LLC buy the property?

Or...

Loc R. The Official Chase Bank Sucks Thread
30 June 2011 | 8 replies

So we have EVERYTHING ready to go on this 4-plex fixer upper I'm buying in Pasadena (yes, the one with the large lady). I can't tell you how many hoops I've jumped through to get to this point (a different story for ...

Michael Dunn HELOC and if I should keep it or close it out ??
19 March 2018 | 3 replies

Good Afternoon everyone ,I need some advice on a HEOC please I currently have a HELOC , of which half of it has been used ( $10,000 ) I am going to be able to " Pay back " that  $10,000  and thus have None of the HELO...

Sarah Acosta 1st Rental Property Advice
18 March 2020 | 4 replies

My husband and I just closed on our first rental property last month.  We are wondering from a financial standpoint, should we open a business bank account or just a superare personal bank account to keep all finances...

John Lindemann Mortgage company shopping
5 September 2015 | 3 replies

We just got our next personal home under contract, due to close Oct 2nd.  Just before the Oct 3rd changes take effect!It's been a long time since I've shopped mortgages since  I've paid cash for my investments.  Can a...

Tyler Harz Ideas on Where to Look for Renovation Funding
22 October 2015 | 1 reply

I'm in a little bit of a pickle at the moment.I bought a property for cash ($10,000). 2br/1b in Reading Pa. Needed 8-10k of work. ARV 30-35k. I figured I could take a line of credit out on the equity once I bought it,...

Jim White Banks for Small Businesses & RE Developers/Investors?
29 June 2021 | 2 replies

Hi Folks,I'm preparing to launch into some real estate investing, specifically flipping and BRRR to start.  I'm looking for good banks in the Philadelphia area (can be national banks) that support small businesses and...

Chris Charlton Solo 401k/1099 problem—please help!!!
29 November 2019 | 1 reply

I sold a rental property that was owned by my solo 401k and deposited the proceeds right back into my solo 401k. My bank gave me a 1099 on the sale. What do I do with this?  Do I have to pay taxes on the proceeds?  My...