Aggressively pursuing a dream is the only way to write your own reality. Documenting my path of turning dreams into investments and success!
One of the most confusing parts of peer to peer lending since its inception is the tax reporting of income and losses, especially the charged-off loans we all experience. While I am certainly not a tax expert, I would like to share how I am reporting my charged-offs loans with Lending Club on my … [Read more...]
As tax time quickly approaches, the annual question of how to report income from peer to peer lending investments comes up with little guidance from either Prosper or Lending Club. However, for the first time, Lending Club has put together a five-page tax guide explaining their soon to be released … [Read more...]
Well, it is the tax return edition! (Pictured: Taxes... are death?) No, this doesn't mean every post deals with taxes, just that today I am helping my two brothers with their tax returns and will be focusing on mine as well. I have a couple of small partnerships to prepare and have finally gotten … [Read more...]
Wow, the days seem to be getting shorter, and the blogging more and more addicting (see Brick by Brick Investing’s article below). I hope everyone enjoyed their first full week of March! With warmer weather around the corner, I am really looking forward to getting outside and enjoying some physical … [Read more...]
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