I have an opportunity to make some money by providing a short-term bridge loan, and am looking for advice on what pitfalls or risks I might not be seeing. Sandra bought a property on land contract 3 years ago for $180...
I am new to REI. I work for KCS Railroad, I have a family and home that I take care of. I am currently trying to wholesale and get some SFR rental properties to create an extra/passive income. I have been at it for a ...
If I loan someone 10K at 10 or 20%. Interest. Am I taxed on the interest made? Do they give me a 1099 or how does that work? Thanks
Landlord here... running into this issue for the first time. My tenant called and asked me to set up a Statewide Vendor # so that DSHS (Department of Social and Health Services) can make payments for rent on the tena...
Hello Fellow BP Members!I am highly interested in getting started with Real Estate investing. My interests lie with Fix and Flips as well as buy and holds.My question for you all is if there is a way for me to really ...
Hello everyone!I'm curious in hearing some ideas from people people who are homeowners, maybe flippers who don't like their own properties. I am a realtor and am curious about what types of services a realtor could of...
Hello everyone, this is my first time posting in a biggerpockets forum. I am located in southern NJ, right outside of Philadelphia. I am becoming more and more interested in wholesaling. I have been analyzing properti...
We received for the first time a 1099 Misc. from a Commerical Tenant of a property for rent that is held in our Self Directed IRA. She sent it in my name, not the Trust companies name. Question - should I do a Correc...
1...Is it possible to take a tax deduction if you are receiving rent from the government for a Section 8 tenant? 2...I am looking at buying a place to buy and hold with a section 8 tenant already in place. The place h...
Electrical Engineer born and raised in Arlington, TX. Graduate of Texas A&M University. Gig 'Em.Husband of a Baylor University graduate and master licensed Social Worker.New Father of an adorable little girl.Moth...