Alan Grobmeier
BRRR & IRS Tracing Rules
Has anyone run into irs tracing rules when doing a Brrr or cashout refi on a rental?Here is a link:https://borelassociates.com/wp...ThxAlan
Nick J.
Dear 'Money Guys', Please Read This!
There apparently has been a quick influx of Transactional Lenders or different varieties that have found BiggerPockets.com. I of course don't own the site but as an active member, I feel it needed to lay out some grou...
David Gradman
Would a Real Estate Professional pay SE income tax within an LLC
Question for the CPA's and Tax Lawyer's out there.If I own a rental property within an LLC and I (or my spouse) meet the criteria for tax purposes of being a "Real Estate Professional" would Self-Employment (SE) taxes...
Dev Baty
I Have a Property To Wholesale. Where Should I Post??
Hello all. I’m new to posting on the board.
I want to make sure that I post in the proper forums as not to be disruptive. I currently have a deal I would like to present to anyone who invests in Michigan. What’s the...
Franklyn Gutierrez
When and if to Start LLC?
Hi everyone.
I'm looking to start investing into buy and hold real estate by next year June ( once I raise enough capital). My question is, how long before should i start opening up an LLC before I buy my first prop...
Cody Brookes
Pool Fill-In Question
Hello BP- there is a house in my area in Fort Worth that has been sitting on the market for about 60ish days and is in okay condition the ARV is 240-250k and they are asking 178k it needs probably 25-30k in work not i...
Daniel Rosario
90 Day Goals as a New Agent
Hello Everyone!!! I'm a new agent in CT
- I'm Currently putting together a Plan for my first 90 days as an Agent.. // Passing my Exam..
Sponsorship
MLS fees
Board Fees
Even Odd Year for Renewal
Develop a ...
Mary Dodd
Help mid deal. Wondering if I went with the wrong lender?
am just a bit distressed. We are in the middle of a purchase and are getting run around by the lender. I wouldn't say that except we have jumped through hoops since 7/15 and are just now being told that they can't su...
Noah Bussanich
Question about buying with creative finance
Hello, I am looking into buying my first rental property and i'm exploring different creative options for financing the purchase. I understand seller carry and assumable loans very well, however I am having a hard ti...
Chris Johnson
contractors contract agreement
hi flippers,
I would like to know if you do any paperwork with your contractors. Or you just hire them assign work and monitor. I am reading some books which suggest to maintain contract agreements. I think it is ...