Good morning all. What is taxable in note income and what is tax deductible? Trying to figure out taxes for my business and how to list it in my ledger. Thanks.

Do you buy NPN’s that meet a particular Exit Strategy?  What is it and why?For me it’s simple….when I buy an NPN, my objective is to help the borrower get back on their feet with a payment they can afford. Thus, I onl...

Hello all.  We've decided to change things up from real estate and invest in a franchise.  We have found a location to rent in the city and have a proposed lease from the owners.  This has all been through our commerc...

Wondering if someone knows the answer to these tax questions... perhaps @Steven Hamilton II ?If you use a line of credit to finance the purchase of a rental property (not a HELOC), I know the interest is tax deductibl...

Hi all - I've been flipping real estate for the last decade and recently began researching notes investing.  I read Martin Saenz book, have researched a bunch online, and watched Eddie Speed's and Brecht Palombo's fre...

Hi all, I have a question and didnt know where else to post this. I have a note from my business partner buying out my share. The note is secured with a first lien against the business, however no property. The sale w...

I am an absolute newbie with regard to buying notes. I have done over $15M worth of real estate transactions but have yet to do a single note transaction. So...note experts, need your advice. But before I ask for y...

Hey Bp! Just put my first property up for rent on Craigslist in Jacksonville and within 1 hour had a call from an interested party who wants to run a daycare from the house. She has no problem paying the security depo...

Hi and Happy Thanksgiving.  I just saw a post re: the Airbnb algorithm.  Interestingly, I’ve always got most of my business from VRBO but recently I’ve had an increase in Airbnb and a drastic reduction in VRBO.  I app...

Hi everyone,We hired an accountant at the end of 2014 to do our books, business taxes, and personal taxes.  Our personal taxes have been done for some time and luckily we are owed money.  however our book keeping has ...