Comments on: Tax Impact on Returns: Capital Gains vs. Income (re: Prosper Loans)

By: Ending My Prosper Experience: Removing the Cash | Personal Loan Portfolio

Ending My Prosper Experience: Removing the Cash | Personal Loan Portfolio — Thu, 21 Aug 2008 13:29:45 +0000

[...] I still strongly believe that the stock market is a better investment over a long period especially due to the tax treatment of the investment classes. [...]

By: Advice for Potential a New Peer-to-Peer Lender | Personal Loan Portfolio

Advice for Potential a New Peer-to-Peer Lender | Personal Loan Portfolio — Wed, 19 Mar 2008 04:47:00 +0000

[...] taxes — the income tax treatment of peer loans reduces your return plus the taxes can be difficult to file. The Roth IRA is a better investment [...]

By: First Two Months Blogging P2P Lending | Personal Loan Portfolio

First Two Months Blogging P2P Lending | Personal Loan Portfolio — Mon, 14 Jan 2008 05:08:27 +0000

[...] On my other blog (that I seem to have little time for) I have posted two P2P lending articles including the five prerequisite investments to P2P lending including an emergency fund, 401K, a Roth IRA, etc and I also performed a basic tax impact analysis on P2P loans. [...]

By: Added Another $500 to My Lending Club Account | Personal Loan Portfolio

Added Another $500 to My Lending Club Account | Personal Loan Portfolio — Sun, 16 Dec 2007 05:51:24 +0000

[...] blog about the loans selected once the money is added to the account. I must admit that due to the income tax treatment of P2P loans and my initial review of Lending Club, I had hoped for other results. However, I put it to a vote [...]

By: Bonus ROI to P2P Loans with Lending Club | Personal Finance Trainer

Bonus ROI to P2P Loans with Lending Club | Personal Finance Trainer — Sat, 15 Dec 2007 04:51:01 +0000

[...] lending in general is not the best investment due to income tax on P2P loan interest and I believe that there is a better list of prerequisite investments. However, Lending Club is [...]

By: Lending Club ROI Bonus: 5% extra return as a “Thank You!” | Personal Loan Portfolio

Sat, 15 Dec 2007 03:32:12 +0000

[...] If you lend $5,000 in $25 increments, the bonus will give you 10 “free” defaults. If you use my affiliate link to open your account, you will receive another two free defaults. This means you can select 12 bad loans at no negative impact to your P2P loan return on investment. Considering that the average reported loan portfolio ROI is about 12% (I forecast it will actually be a bit lower), this could possibly bump your returns at Lending Club up to 18% (12% + 5% + $50 affiliate bonus). That would overcome the income tax implications of P2P loans. [...]