Navigating tax responsibilities can be complex, and one common area of confusion is whether private lenders should send Forms 1099-INT to investors and if investors should receive Forms 1098. Let’s break down these pr...
I am trying to wrap my head around how to transfer money from a personal savings account and HELOC in one state to another state that will hold my business/LLC account. Will it tie the business account and personal a...
Why do many investors say that you should keep your property management business in a separate LLC for tax benefits? What exactly are the tax benefits?
I do so the logistical benefit - if you have many proper...
I just got an email about my application for the SBA economic disaster loan. It appears they have changed it from being a $10,000 advance, be being $1,000 per employee pre-Corona up to $10,000. I think they are trying...
Hello all: We lent money to a LLC (two members) last month, and now the LLC wants to change its structure to C-Corp. What impact do we have to our current Mortgage and Note, or what do we (private lender) need to do? ...
Hi!
I have been researching syndication models and have a few questions I am hoping someone can help clarify..I'm still getting my footing so apologize if these are elementary.
On an 80/20 straight split syndication...
In your direct mail campaigns, which day have you found best to mail? Does it matter which day of the week it's received?
Do you separate the locals from the out-of-area, so they're receiving it on about the same da...
I tried searching BP and google for a direct answer but could not find an answer about unsecured lines of credit. I plan on buying on 26k property using my Private Line of Credit (PLOC) from my bank and it will appra...
In late February I sent out a number of 60 days notices for rent increases to begin May 1. Now two of the many say they did not receive their notices. They were not returned to me but I have no proof that they actuall...
Can an any person receive a referral fee for a hard money loan introduction where the lender and subject property is in Texas? Or does the referrer need to have some sort of license to be eligible to receive a referr...