![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/198161/small_1621432617-avatar-casebryan.jpg?twic=v1/output=image&v=2)
I heard mention that the IRS has a 2% Fee that is sometimes applied to creditors and I was wondering if anyone had knowledge on this? Also, how might I avoid this....?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/204967/small_1621433066-avatar-aedwards.jpg?twic=v1/output=image&v=2)
Just a question.. to see opinions and strategies.If you were wanting to re-invest profits from Flip houses into Buy an Hold Rentals.. Would you....Save profits from flips to purchase rental properties outright with p...
Hey All,
I have a stock plan I have invested some money in since 2015.
The stock went up and I have nice gains. My goal is to sell some of the stocks to balance my portfolio.
Considering Future Value, Present Valu...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/806618/small_1694935712-avatar-stevenc123.jpg?twic=v1/output=image&v=2)
Hi All, I live in California. I'm considering to invest a property in Houston, Texas. This will be my first out of State investment. Do I need to register an LLC in Texas so I can lease the property? Or file any other...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2851706/small_1696550241-avatar-nickw393.jpg?twic=v1/output=image&v=2)
First post, asking some advice while I continue to read over these forums. What I have:
1rental MH owned outright. $500/m
1 Heloc (~80k available)
LLC $0 in account.
What want to do is use heloc to fix and flip, ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/208486/small_1621433308-avatar-michael_plaks.jpg?twic=v1/output=image&v=2)
This article seductively titled "IRS destroyed 30M paper information returns due to backlog " is making the rounds today: https://www.accountingtoday.co...Sorry, you still owe money to the IRS. What they destroyed is ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/204361/small_1621433028-avatar-errife.jpg?twic=v1/output=image&v=2)
This question is just out of curiosity if yr doing a rehab is it possible to work into the budget a cost for a project manager if u act in that capacity and so u can collect a salary while u r rehabbing
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1989548/small_1697086867-avatar-andrewl522.jpg?twic=v1/output=image&v=2)
In the process of selling some of my less desirable properties and still working on creative financing ideas;
Do you think the following would be of interest to investors.
-ARV - 500k
-Purchase Price - 400k (need...
I am currently having to use the strategy of taking out commercial real estate loans (or mortgages) and using personal loans to fund the down payments. I am having trouble finding properties that will rent out for mor...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9390/small_1621348849-avatar-mtraininjax.jpg?twic=v1/output=image&v=2)
Back in December 2018, I was part of a group that purchased 2240 Post Street in the 32204 (Riverside) area of Jacksonville. It was a great house that was Victorian and the old woman was a hoarder and had let the house...