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How to Totally Avoid the Dreaded Dealer Status When Flipping Houses
When you get into “selling” scenarios (like wholesaling, retailing, options, lease options), the IRS may try to classify you as a “dealer.”
Being tagged as a dealer could be a financial disaster because, unlike an “investor,” you are subject to the highest ordinary income tax rates, plus self-employment taxes, and possibly….
How to Deal With Seller Objections in Real Estate
VIDEO: One of the biggest problems real estate investors face is getting the seller to sign the contract. Real estate investor and attorney, Bill Bronchick, says stop talking so much and start listening more.
Here’s how to handle seller objections….
Real Estate Investing News This Week 2013-11-09
All the Real Estate News That’s Fit to RE-Print™
* Corelogic says home price are up 12%
* Housing is nearing pre-crisis norms
* Price appreciation prediction says slow-down to 5.4%
* SFR vacancy rate is still above pre-bubble levels
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How to Totally Avoid the Dreaded Dealer Status When Flipping Houses
When you get into “selling” scenarios (like wholesaling, retailing, options, lease options), the IRS may try to classify you as a “dealer.”
Being tagged as a dealer could be a financial disaster because, unlike an “investor,” you are subject to the highest ordinary income tax rates, plus self-employment taxes, and possibly….
How to Deal With Seller Objections in Real Estate
VIDEO: One of the biggest problems real estate investors face is getting the seller to sign the contract. Real estate investor and attorney, Bill Bronchick, says stop talking so much and start listening more.
Here’s how to handle seller objections….
Real Estate Investing News This Week 2013-11-09
All the Real Estate News That’s Fit to RE-Print™
* Corelogic says home price are up 12%
* Housing is nearing pre-crisis norms
* Price appreciation prediction says slow-down to 5.4%
* SFR vacancy rate is still above pre-bubble levels
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