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Wanting to understand how the interest part of our income (partnership LLC) for short term loans- mostly fix & flips, are considered for tax. One accountant said it’s not subject to self employment tax since it’s ...
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We are currently seeking investors' opinions on wholesalers & what Value have they brought you? Have they brought you any value? Do you think that having a wholesaler relationship is a benefit to you as an invest...
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Ok so I was having this debate with a local landlord and I’d like to hear your opinion…. You charge $25 for your application fee. You show the house to a nice couple and they want to apply but they don’t speak, read o...
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I got a contractor that will do free estimates on the properties that I find. now I been reading on here and it seems that buyers don't take that into account when buying a wholesale property. I wanted to make all my ...
So I set my unit up on affordablehousing.com (section 8) and got a call from a market renter. She makes 24/hour (not sure if she works full or part time, didn’t ask) and has 2 kids. Showed her the building and she see...
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Hi Bigger Pockets,I super appreciate your time and help here.I have a really difficult tenant in my house. On Friday I posted a 3-day comply and pay or vacate notice. He had not paid rent and had modified the proper...
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Hey BP Community - I prayed this day would never come, but I knew it probably would if I continued to grow my portfolio. This post is to get as much guidance on the next steps as possible so I am prepared to protect, ...
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Hey Everyone,
I'm technically not an investor yet because I haven't done anything but save money with the intention of investing in RE. I live in SoCal and after reading through BP blogs and the beginners gui...
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I have closed a property yesterday that I took a hit on... it was my first loss in 3 years and over 250 transactions that I funded. Take away... BP member good talker bad in execution.. I went and met with him in Atla...
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I'm asking for any advice on an issue with ABC Capital in Philadelphia, PA. I am dealing with four properties with them as I have financial power of attorney for my ill father, who owns them (so this is all quite new ...