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Results (10,000+)
Michael Belz Hello BiggerPockets! New PRO here
31 October 2024 | 4 replies
Our group works with a lot of investor buyers in the tri-state area. 
Clayton Maciel Hello BiggerPockets! New PRO here
31 October 2024 | 10 replies
All the best!
Ken Aitkens Wholesale to myself then BRRRR - does the concept work?
6 October 2024 | 7 replies
So here is my scenario, please speak to if you have any experience in this and if it  could work.I recently negotiated an option on a multifamily for about 50% of its current value.
Joseph Rose New Rookie, Just lurking from the shadows
4 October 2024 | 5 replies
Please fill free to hit me up here if you are in the Nashville area (I am actually in Smyrna).See you around,Joseph
Corina Carroll STR property manager ready to learn and network
6 October 2024 | 2 replies
Corina,Congrats on leaving the corporate world and diving into the REI arena! 
Ethan Ross Help Setting up Stessa
31 October 2024 | 2 replies
Hi allI recently signed up for Stessa Pro and having difficulty getting the properties and accounts set up right. 
Shaun Boti Insurance Policy During Construction Phase
31 October 2024 | 2 replies
We will renovate all 4 units and then rent the units out.
Brandon Craig Should I sue?
7 October 2024 | 12 replies
What might help you for the next attempt is to read (BP's book written by yours truly--The Hands Off Investor), and network (join a community where investors discuss deals, trade advice and observations--coming soon will be Passive Pockets, an offshoot of BiggerPockets which recently acquired the popular passive investing group Left Field Investors).
Hayley Evans Wedding Venue Funding
31 October 2024 | 2 replies
I am new to posting but have been listening to the podcast for years now.
Carrin Johnson Bill Summary: AB 1771 The California Housing Speculation Act: Impact on Fix and Flip
11 October 2024 | 2 replies
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.