How do you know if IRS tags you as a dealer. Every information out there is only talking about the differences between a dealer and investor. No one is really talking about the actual process. How do you know your cur...
Hi Everyone! I've been considering rental airbnb arbitrage for quite some time now. I've been doing the market research and narrowing down my search. However, every time i look into a city with what i think is potenti...
Hello. I think I’m in a tricky tax question and before I ask someone I wanted to get an insight from members. I refinanced an investment house into a two partner llc which I am one member. We received money and sits i...
Hello all,I am fairly new into this game and was looking for some more information as I couldn't find much in my search so far. I am interested in wholesaling property in Wisconsin, but I understand our state is a bit...
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I'm considering purchasing land that would likely be classified as a unique stay because of the property itself. Structures considered are tiny homes, glamping tents, or something similar and could be purch...
What is the first step you take when you receive a NPN Note Tape?Just measuring what everyone is doing. For myself, I reformat the spreadsheet so that it reads well for myself.
Hey everyone, I decided to buy a 3 unit building in Los Angeles not currently on Rent Control (was built in the 80s) Will AB-1482 affect me ? The existing tenants are paying way below market rents.
So recently I had the opportunity to purchase a 26 pad mobile home park about 10 minutes from my house. I have included a business partner in the deal for the down payment. I have been reading on here how good of an...
Somewhat confused here, how can a property appreciate, yet one can claim depreciation for tax purposes. I heard Depreciation is a bigger factor for higher end property just how big is factor would it be for say a 350...
Hi BP, I have a borrower that is acquiring a property through a non-performing loan. They are buying the loan and foreclosing to own the property. So initially instead of giving me a deed of trust, they will give me a...