Drew Poniewaz
Seller/ Owner finance restrictions on Zillow
30 January 2025 | 4 replies
Plus new folks do a very poor job of screening the buyer for Ability To Repay (ATR) which involves pulling full doc and calculating the borrowers DTI, honest income, honest debt payments, prior debt payment histor (FICO) etc etc.Plus shockingly (or shocking to sellers) if you bought this investment house, fixed it, then are selling with financing you are selling "inventory" and y9ou owe taxes on the gain in the year of sale, you are NOT able to use installment sale to spread out paying taxes.
Josh Dickson
How to reduce the maximum amount of income tax for a wealthy individual.
2 February 2025 | 8 replies
I have some ideas about how to do this so we both get the most benefit, but there's one part of this that I want to get some input on.
Christian Bukle
Bigger Pockets Introduction Post!!!
3 January 2025 | 3 replies
Use the ge benefits that you have earned to their fullest.
Themis Kosmidis
Cleveland based investor looking to BRRRR various assets for the long run
2 February 2025 | 5 replies
Certainly nothing ground-breaking in terms of ideas here, however I'll be very hands on (and on site) during the process to make sure that every step of the way is executed to a high standard and very carefully.Once I've hopefully developed a successful track record and gained experience, my next goal would be to move on to commercial assets (think multi-family, industrial etc) so that I can leverage my existing investor network and real estate knowledge to raise 3rd party equity and take on bigger projects.
Stephen Patton
Newbie & Confused
24 January 2025 | 6 replies
The benefit to these is you get your foot into the door without a ton of capital and as time goes you can move out and cashflow on the property.
Jake Duboise
College student looking for internship opportunities in real estate investing
2 February 2025 | 0 replies
I am currently seeking an internship opportunity in real estate investment where I can apply my skills, gain hands-on experience, and contribute to a dynamic team.Why Real Estate Investment?
Clifford Pereira
Real Estate Professional (REP) Status guidance
31 January 2025 | 12 replies
@Clifford Pereira You can claim Real Estate Professional (REP) status on federal taxes but not in California, as the state does not recognize REP benefits.
Kobe McDaniel
How to get Boomers to Sell
23 January 2025 | 2 replies
Your problem will be them incurring capital gains taxes simply so you can get a commission.
Austin Camden
New Member Austin Camden
30 January 2025 | 3 replies
I’m here to gain insight into the investment side of things, and connect with people already familiar.
Lacey A.
Rent to Myself
20 January 2025 | 5 replies
No but keep track of those repairs as it will add to your cost basis when you go to sell it and have to pay capital gains.