Is their any way around being called a dealer by the IRS. Like flipping properties under an LLC or some other entity. Could some please help me umderstand this one.
Being successful in real estate investing is no easy thing – it's not just about mastering facts; it demands a toll on physical, emotional, and philosophical levels. Amid the chaos of decision-making around buying, se...
Economic Update
(Monday, October 5, 2020)
The economic collapse sparked by the pandemic is triggering the most unequal recession in modern U.S. history, delivering only a mild setback for those at (or near) the...
My LLC that I set up to purchase rental properties took a turn for the better when I landed two flip deals instead. One was a SFR rehab and the other was a land flip. They were both great deals and will bring large ch...
What the actual heck is going on in some underwriting departments? Does anyone know why a lender, who initial told us we could pull $159,000, then countered with $99,999, then countered again with $20,000 would do thi...
Hey BP, just wanted to reach out and ask if anyone knows about refinancing a residential duplex if its ARV is around $80,000 in Dayton, Ohio? Would this be possible? The reason why i ask is because my current deal may...
Hi BP, I've been flipping houses in Philly for nearly two years and I am coming up on my first year that I need to pay taxes on my gains. I recently met with my CPA to go through some of the best strategies to minimiz...
Greetings! Anyone have ideas on how to continue investing when your money is tied up in a commercial real estate deal?Lender said I can’t dip into our equity for a minimum of 12 months. Suggestions?Thanks!
Hi All,
I am currently stuck with a landscaper for 5 months who is not finishing his work as promised. Here is the situation:
We hired the landscaper mid december 2023. At that time he said the project will be done ...
Hello,
I recently came across a tenant application and while checking the background is noticed that a theft charge, judgements and other collection reports. But the situation here is the tenants mother is renting th...