Roma Korenyuk
Does anyone know how 1099C works from a lenders point of view.
I'm trying to figure out the IRS 1099C from a lenders point of view. If and when it should be sent, or if it should be sent at all. How would the total be figured out. Difference between taking the property back as RE...
Rick Richard
How to use real estate to offset some of the tax hit on a private equity payout
Hi, my wife is expecting a K1 equity payout this year. Can we use our current investment propeties or purchase another investment property purchase to at least slightly offset the tax hit?
Jean Francillon
Who is knowledgeable about dividend stock?
How you know what company that gives out dividend stock each month? And do you have to buy minimum a month of shares to get dividend back? What if I already purchased some stocks, how can I find out if they give divid...
Cory Dessauer
inflated natural gas bills?
So first 4 family property owner here. I purchased last month and just got my first electric and gas bill. Let's just say wallet shock doesnt cover it. To break down the tldr, apparently I used 23.59 in gas last month...
James Shahan
Accepting an EIDL loan from SBA as a Sole Proprietor (no LLC)
This is a post that details my experience with accepting an EIDL disaster loan amount above 25k where my properties are held in my personal name, no LLC. A lot of people hold properties in their personal name, includ...
Mauricio Ramos
Tax advantage on interest only?
Hello BP,I am working on a deal with a seller willing to owner finance a 6plex. As part of my terms, i am asking for 12 months interest only at first and then start paying off the loan to the seller with interest. The...
Mindy Perry
property management software and 1099 K
Hi everyone, just wondering what your experiences are on receiving 1099k form from using a property management software to receive online rent payment. I am thinking to switch to online rent collection from receiving ...
William M.
Contact from a lender. Do you know who this is?
Has anyone heard of Robert Schow with Finance Falcon LLC? I received an email from this person claiming 100% financing. But of course we all know how that goes. All comments and advice are welcomed. Thank you.
Jeremy Shupp
Error at Settlement
I received a spreadsheet from my realtor that showed what we would be getting back at settlement for specific selling prices. I did not receive any other documents showing what I would receive after closing. At the cl...
Account Closed
Vacation Rental Desk
I was looking for a channel manager that would give me a booking website and connect with Google Vacation Rentals. They had connections with insurance already, a merchant account, and a beautiful example website.
I s...