John Warren
To DIY or not to DIY...
5 March 2016 | 6 replies
It did not come off easily like the videos.
AUDREY DESOUZA
Capital Gains tax
29 November 2015 | 24 replies
The capital gain tax would be on the difference between the sale price and the purchase price (and depreciation).So say you bought it for $50K and are selling it for $400K you are potentially paying taxes on $350K of gain, plus whatever depreciation you took.If you buy another property worth at least $400K you should avoid the taxes, but you need to engage a 1031 professional like @Bill Exeter or @Dave Foster who posted above before you actually sell the property, otherwise it's too late and you will have to pay the taxes.
Fahad Rajput
New Long Island, NY Member
21 December 2015 | 7 replies
Below are some quick links to get engaged on this site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categoriesREI books suggested by BPershttp://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?
Akash Y.
Can foreigners get mortgages in the USA?
4 August 2017 | 28 replies
If you plan to go this route please engage a competent lawyer to setup your corporation to meet your ultimate goals.
Adam Juodis
Just turned PRO!
7 January 2017 | 2 replies
With the purchase, I got some promos such as a digital download of Brandon Turner's book on No and low money down investing, some video interviews, and conference audios.
Jonathan W Holmes
Opinions on REI Club First Meeting
21 December 2016 | 10 replies
It makes it hard to decipher what's worth engaging in.
John Smeltzer
HOA Rule Change to Disallow Rentals
5 April 2022 | 1 reply
I think you're on the right track with 1st engaging the HOA for some type of exemption.
Han T.
Tenants forcing trivial maintenance requests via Rent Escrow
3 August 2022 | 8 replies
My last resort would be to engage a Property Manager to handle this, but even so, I'm not sure how can the Property Manager help.
Tasha Barnes
Out of State Investing - Please share the good, the bad, the ugly
14 September 2022 | 57 replies
Besides email and telephone communication, make use of tools such as Skype and Whatsapp video to communicate with tenants and property managers.4.
Kevin Hoodwin
Getting Started in Notes
16 November 2020 | 10 replies
I also learned a lot from Desi Arnaz (you can start on YouTube, he has videos and then he has a online class that goes over the basics.