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13 October 2024 | 8 replies
Then when the property is sold, she excludes the entire gain as a sale of her personal residence ($250,000 exclusion) and she then gifts you the proceeds (nontaxable) saving all of the tax with no 1031 cost or deferred taxes.Just sayin . . .
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14 October 2024 | 8 replies
Does anyone have advice for the following:Is it a good idea to explore whether to rent out multiple rooms in single-family residences for the purpose of acquiring adequate cash flow:Does BiggerPockets Pro provide a way to find demographical data on specific sources and motivated sellers?
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12 October 2024 | 2 replies
Investment Info:Single-family residence fix & flip investment.
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11 October 2024 | 0 replies
Hello MS locals/residents,Im currently assessing a single family property in HornLake for a buy and hold and hoping to get the opinion of a local on the outlook.
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12 October 2024 | 2 replies
Investment Info:Single-family residence buy & hold investment in Montgomery.
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12 October 2024 | 2 replies
Investment Info:Single-family residence fix & flip investment.
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12 October 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment in Montgomery.
11 October 2024 | 2 replies
I also have a primary residence that I'm going to turn into a rental and buy a new primary residence.
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11 October 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment in Austin.
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7 October 2024 | 34 replies
I'm in a bit of a unique situation in that I'm a California resident and can only invest in properties all-cash for religious reasons.I'm not able to use leverage/loans, and I know and accept that investing all cash is not common, but thats the way I do it.