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The acronym FINRA stands for Financial Industry Regulation Authority. On its website it describes its mission and utility."FINRA is dedicated to investor protection and market integrity through effective and efficient...
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I bought my first duplex in March '07. It's in South Dakota and managed by my father in law. The first one worked out well, so I kept looking for deals, but couldn't find anything that met my cashflow criteria. Finall...
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interested in running an apartment complex which runs it's own section 8 (usually at least half of the units, many times all units, of a complex are income based - the renters apply for the apartment and assistance at...
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Good Afternoon Everyone,If I have a property management company, do I have to give vendors a 1099 each time they perform work for me? What is your process for hiring out services such as Plumbing, HVAC, General Contra...
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Hello everyone, brand new to Biggerpockets and very excited to learn everything I can. I have a question for those of you deep in the weeds on this. I am working a full time job while beginning my investing career and...
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I have a LLC with my wife and I listed as members under the Articles of Organization. Does the IRS consider this LLC as a sole Proprietorship? Also, since it's a pass through entity, I don't need to file a separate re...
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What’s up y’all. Shawn the Newbie here. Me and 3 of my friends have pooled money together and starting a real estate investing company. We spoke with one accountant who suggested we become a nonprofit as opposed to LL...
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I am well above the average DIYer in skill, and was mostly through a home-inspection course before career change, so I know a great deal about most things in a home, except for wells/septic.
I am looking at a...
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I've been learning about SDIRAs and from what I understand when you use the money in your real estate business, the money you earn will be tax free. So as Amanda Han put it in podcast 49, if a wholesaler puts a $1,...
i just joined a refferal team to help homeowners in forclosure, i need to generate my own leads, if anyone has clients that may need help, can you reffer them to me. in return if we cant help i can send them back to y...