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I am replacing my old car and buying a new one. But I want to compare auto loan rates and loan terms from multiple lenders first before getting pre- approved. Where do you think I should go for the best financing deal...
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If you are selling a rehab as an owner finance, do you have to take all the capital gains in the year you sell it? I have heard both yes and no. My CPA is hesitant and says I need to take the gains all upfront but tha...
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I've got a MHP under contract, in the process of due diligence currently . It's coming with 22 lots, 4 are empty . I've read about different ways to fill them . From giving current home owners monetary insentive to mo...
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Hello!I have been listening to bigger pockets for a few weeks now and I think I found my first deal!!! Talk about being super excited. I ran some initial numbers and things look amazing.The property is going for 200k ...
Hi guys, I am new here.
I haven't started investing in real estate yet, but I plan on doing so as soon as I turn 18. I was just wondering would I be marked as a 'dealer' by the IRS if I was to buy distressed propert...
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Hi Everyone,
I bought Lonnie's materials and started looking into buying and selling MH's here in MN. However, the first park owner I talked to told me that you have to be a dealer to buy and sell mobile homes. Sur...
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I been in the car selling business since 2013, basically I lease an dealers license from a used car dealer, buy vehicles at dealers (only) auctions where you buy them at trade in value and sell retail, currently i bu...
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Hi there, I'm new to investing and have found that I have an interest in mobile home investing. While researching this niche I read that most states at some point require you to obtain a dealer license in order to buy...
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I've been looking online getting ready for tax season, and I'm having trouble identifying if I will be taxed under a real estate dealer. I've wholesaled 30+ transactions this year using assignment contract, wholesale-...
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So this happened at one of the properties we managed. Have you ever dealt with anything crazy like this?What do I do if my tenant . . . Accidentally Throws Away the Neighborhood Drug Dealers Stash BagYou may think th...