I have a question, by the way im going to try flipping properties just have'nt gotton started.
My question is I live in massachusettes Im going to be flipping property in florida am I supposed to get a tax id number i...

Hi All, I would like to get some help on how to best achieve my goal of flipping a property with the lowest possible  tax burden. I recently bought a home, and I had plan to resell it, until, a friend mentioned someth...

I'm setting up a new partnership for the purpose of wholesaling.  I want to make sure I'm structuring the business effectively for tax purposes.New Wholesale Business:located in GA (LLCs are easy)2 person partnershipa...

Looking for suggestions... What's the best (most cost-effective) way to clear this land?  Land that has really tall weeds - too tall for a lawn mower...  I have bought some vacant properties lately and am not sure how...

I have ran across individuals who flip houses and am curious as to what techniques they use for tax filings when they are not incorporated under an LLC or S corporation? When an individual purchases a property, how do...

Good morning all!
Newbie here and my husband and I are ready to start forming our team. We have an appointment for a consult with a CPA this morning and another later this week so I wanted to see if there were some M...

Got an email from Appfolio, I do screening reports through them. They are not going to show Evictions filed during the pandemic. "Given the risk to businesses considering eviction records during the effective dates o...

Hey Everyone,

I have found a very nice MH with a very motivated buyer. The buyer was at $10K and I ended up being able to talk him down to $1500. He needs to move ASAP.

The problem I have encountered is that the ...

Hopefully someone can give me some helpful info.  My main concern is with the tax implications.We just purchased a SFR, actually a Manufactured Double Wide on a Basement and 1 acre of land.  The property is being purc...

Hello,
Anyone selling/flipping homes on owner-carry as a dealer? No landlord headaches vs holding for appreciation, but wow-the short-term capital gains (ordinary income rate) plpus the self-employment tax b.s. real...