Jonathan St.Leger
Bonus Depreciation Question HELP NEEDED PLEASE From You Amazing Tax Pros!!!!
12 July 2024 | 6 replies
Hello BP Nation, I sure could use some help with a problem that I'm currently facing.
Matt Wujek
Buying First Property Remote / Long Distance
15 July 2024 | 17 replies
Should I really just be leaning on a local real estate agent to help me with the local markets?
Carlo D.
Do I need a license to buy Mortgage notes?
16 July 2024 | 7 replies
Carlo, Check out this outher Bigger Pockets thread to help answer. https://www.biggerpockets.com/forums/70/topics/781713-licens...
Saar Amit
Tax Implications of Holding Period for Property Flip in Florida
17 July 2024 | 10 replies
Here’s a summary based on the responses:Tax Rates and Holding Period:For flips (properties bought, rehabbed, and sold quickly), profits are taxed as ordinary income, not capital gains.The holding period is calculated from the purchase date to the sale date.1031 Exchange:1031 exchanges apply only to properties held for investment, not quick flips.If intending to use a 1031 exchange, I must reinvest the proceeds into a like-kind property within 180 days.Holding a property for less than a year may disqualify it from 1031 eligibility due to lack of demonstrated investment intent.Thanks again for all the helpful advice!
Quynh Tran
Loan Type for 6 plex-building
17 July 2024 | 10 replies
TIA Others have noted the Multifamily DSCR Loan option - just adding this article on the topic published last year on BP if it helps!
Alvin Almonte
Aspiring Houston Investor
16 July 2024 | 3 replies
Tons of knowledge and great people here to help along the way!
Elizabeth I Winnals
Require tenant meet with repair person
16 July 2024 | 5 replies
I'm wondering, has the tenant indicated that they will not help you with facilitating the repair date and time?
Joel Oh
Anyone had sauna for their Airbnb?
16 July 2024 | 5 replies
Does this help https://www.biggerpockets.com/forums/530/topics/1142084-saun...
Kelly Langlas
Rookie trying to jump in
15 July 2024 | 17 replies
Hey Kelly - I am based in Charlotte and will help however I can.