All Forum Posts by: Kayla Peterson

My boyfriend and I are looking to do our first flip. Does anyone have any leads? Also possibly looking for a partner to join us to ensure our first flip is successful. Thanks for any information/advice in advance. 

Hello everyone. When flipping houses is it best to do it under a business, or just an individual? I have heard there are tax breaks and such when using a business name. We have already opened an LLC, so I am just curious on different people's point of views and/or experiences. Thank you in advance.

Thank you for your response. 

Hello everyone. My partner and I are fairly new to this and are trying to get properly educated before we begin our first flip. The biggest area to me that still raises confusion is the taxes on flipping. Do you pay the taxes immediately after the sale or do you claim the taxes at the end of the year? Also, you only pay taxes on the profit from the flip, not the total amount, correct? Any information, tips, education, etc. would be greatly appreciated. Thank you in advance. 

Hello. Does anybody have any good references for a contractor in the Orlando area? 

Hello everyone. I am writing again about private money lenders. Does anybody know of a good source to use to search for private money lenders in Florida? Also, since I have never done a flip before how do I present myself since I have no literal experience, or credibility? Any information, advice, or anything will be very helpful. I am trying to get this jump started and I think this is the biggest thing holding me back this far. 

Thanks in advance. 

Hello everybody. I was wondering if anybody has any tips on finding private money lenders. I want to work on my first flip and am having a hard time finding an approach since I really have no credibility or experience. Any information will be helpful. Thank you in advance.