Early Retirement Extreme

Financial independence, frugality, self-sufficiency, ecology, capitalism, and voluntary simplicity

Prosper taxes for debt sales and bankruptices

Published in March 14th, 2008

Posted by Jacob in investments, peer-to-peer lending, taxes

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!I just did my tax returns for my prosper loans and here’s how I did it. It has been very difficult, nay, impossible to find complete instructions online other than the in principle complete but to me useless suggestion [...]

Lending victoriously to strangers

Published in January 4th, 2008

Posted by Jacob in carnival, investments, peer-to-peer lending

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I have written earlier about my experiences with peer to peer lending. Personally, I treat it like an investment no different from any other investment. In my experience the risk/return rates are similar to liquid junk bonds. However, peer to peer lending has a social component to it and it is a lot more intimate [...]

My money lending experiences on Prosper

Published in December 24th, 2007

Posted by Jacob in investments, peer-to-peer lending, sub-prime

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Disclaimer: I have been a prosper lender since July 2006. I have had close to $10000 invested in prosper and at one point I was in the top 1000 lenders in terms of portfolio sizes. However, I have stopped lending money on prosper. If there was a way to sell loans, I would do so [...]