Kyle Pierce
Any way to lend and be taxed at less than ordinary rates
Hi BP,
I have a question about private lending. I have a lender who wants to lend me 100k to use in our flipping business but was wondering if there was any way to structure the deal so the interest that he receives ...
Troy Williams
Paying back personal loans
Hello all, looking for some solid advice here! I have taken 50k in personal loans that has been used across multiple properties for rehab and/or purchasing and trying to figure out best way to repay the loan...1. Dire...
Stuart Fischer
Bad credit tenant but wealthy friend paying upfront
I have a prospective tenant that has informed me they have bad credit but is willing to pay 6 months in advance. Single mom coming out of divorce, recovering alcoholic, currently employed as a nurse.The weird part is ...
Robert Blake
Longtime Employee Looking for Passive Income
Hello everyone,
I've been an office professional in Chicago going on 17 years and have saved up almost 100k and have been looking into real estate investing to start earning passive income.
I won't be quitting my da...
Evelio Martinez
CPA Referal in the South Florida region
Hello BPers,
I am currently a SFR investor in the Miami-Dade area with 1 rental property currently under my portfolio, looking to expand by purchasing a possible second SFR (duplex, In-Law Quarters, Efficiencies) wit...
Ty Fischer
How to get MLS/IDX on my website where I'm not licensed
I run a lead generation company and I'm looking to add the Phoenix, AZ market to my website, but am not a licensed real estate agent in Arizona. How would I go about getting access to the MLS/IDX feed for my website? ...
Gabe Medina
Does new tax bill make it more advantageous to have a llc?
If the last hurdle of the tax bill is passed, does it make it more advantageous to have your RE in an LLC? Does it make a difference if RE investing is part time and I have a full time job? Generating about $30k or so...
Kristy F.
Contractor stole our money and abandoned project
I hired a insured, licensed, bonded general contractor to remodel the bottom unit of our building. According to our contract, he was to be paid in phases until the completion of work. He kept collecting advance paymen...
Scott McGill
Chess anyone?
I have been playing and studying chess now for about 2 yrs. I play on average 3/4 games a day online. One huge benefit I've found to chess is that when I am playing all the worries and stress of the deals or fami...
John D.
Tax question about rental vs flips
Good Morning,I thought I saw a thread here several months ago relating to what can and can't be deducted on rental properties vs. flips. Unfortunately, I cant seem to find it now.I have a home that I initially intend...