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Results (10,000+)
Nicole Graziano Tax's: negative income made on flips
3 January 2025 | 4 replies
@Nicole GrazianoI recommend that you have a consultation with a real estate tax accountant regarding your taxes.Bigger Pockets is a great place to find a real estate tax accountant. 
Jared Haxton Setting Up and Marketing 4.25% Seller Finance Deal
17 January 2025 | 7 replies
I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.
Joe Au Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
Again, consult your tax accountant. 
Toby Khan Wichita, KS Investors
9 January 2025 | 107 replies
Not sure if it had something more to do with pandemic response to move to lower priced areas or what the motivation was.  
Paloma Wodehouse High Priced First Buy
8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
Tenzapa Wakombe "It is easy to doubt everything when you know nothing" Intro Post
24 January 2025 | 12 replies
The units are all currently occupied right now, so we won't have to worry about the buyer's market right now haha.With the cash flow I will receive, it will be enough to take care of property taxes, insurance, and enough to save up for any emergiences with the unit that I will need to take care of, so no need to worry, I got you :)!
Jonathan Warner Private lending. Where do I start?
5 February 2025 | 17 replies
Credit Rating/Bank Statements/Tax Returns: Specify your requirements, if important to you.Purchase Criterion: How do you define a good deal, which will be profitable for your borrower and safe for you?
Scott L. Where to advertise/post a 44 property SFH portfolio for sale?
8 January 2025 | 4 replies
When we looked at what his cashflow is currently, and then considered what he would net out of a sale post tax, he decided to keep owning the properties.
Anderson S. Stay Ahead of the Curve: Navigating Rental Market Regulations
22 January 2025 | 0 replies
Here are some key elements to include:Lease Agreements: Ensure your contracts reflect the latest laws, such as notice periods for entry or rules around security deposits.Fair Housing Compliance: Familiarize yourself with federal, state, and local fair housing laws to avoid discriminatory practices.Property Standards: Regularly inspect your properties to ensure they meet safety and habitability standards.Tax Documentation: Keep accurate records to comply with tax reporting requirements.4.
Hunter Goorsky NEW Investor in the Joliet area 🏠
22 January 2025 | 9 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.