
5 February 2025 | 4 replies
But ya have to make some educated prognostications in life.Add this to the information your processing - What your talking about doing is eliminating around $4000 or interest expense (which is deductible anyway so really could be a real impact of eliminating $2800 or so) of debt in exchange for paying over $10K in capital gains tax (don't forget possible state gains tax as well).

7 February 2025 | 2 replies
You might consider: Consulting a Real Estate Attorney – Your emails may possibly prove misrepresentation.Requesting Public Records – A FOIA request might reveal why the city denied you but later approved the duplex.Escalating to City Officials – Bringing this to local officials could expose inconsistencies.Exploring Tax Write-Offs – A CPA might help offset your financial loss, if it is possible.I’d definitely seek legal advice.

5 February 2025 | 5 replies
This works with any type of appreciating property such as real estate, stocks, etcDepending on the appreciation rate, you can potentially see asset values double every 7-14 years.Likely around 7 years if the appreciation rate is 8%Likely around 14 years if the appreciation rate is 4%If you buy something for $100,000 and it appreciates to $200,000, you can potentially take a loan on the $100,000 appreciation which would not be considered a taxable event.However, be mindful that you are paying interest on the loan and you have to payback the loan but yes, it would not add on to your taxable income.

2 February 2025 | 1 reply
Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

2 February 2025 | 20 replies
When do you think it was more difficult to find a "deal" on real estate, in 2011 or 2019?

5 February 2025 | 1 reply
Pay attention to the details and be organized Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

5 February 2025 | 1 reply
I have been devouring books by Brandon Turner to get a better grasp on a macro view of the theories of real estate investing .

5 February 2025 | 0 replies
As small businesses, securing funding can be a real challenge.

4 February 2025 | 13 replies
Welcome to BP.My biggest piece of advice is to understand risk premiums in real estate.

6 February 2025 | 5 replies
I swapped from CapitalOne to Baselane about 6 months ago and it's been highly beneficial to my little real estate biz.