Pratap Koppula
Investments in Socialism
14 May 2021 | 0 replies
Real Estate is an affordable small business with a predictable cashflow and attracted millions of investors.The Biden's tax rate amendments on Capital Gain rate hikes and like kind exchanges not only hit the wealthy, but it also impacts millions of Professionals around the real estate services and significantly dents the volume and economic returns in reality.Appears they forgot the morality learned from the farmer and golden eggs story, not to pull off all the eggs at once, with capital punishment.
Chris Schorre
Tearing down house to build duplex. Can I do 1031 for Unit B?
15 June 2021 | 6 replies
seems like you'd sell b as homestead no capital gains tax and retain a as next homestead free to sell as homestead either immediately (not sure here as you may only be able to exclude gains once every 2-5 years, whichever is law) or in 2-5 years.
Aiden Savage
I’m 17 years old, saving $1000 a month. How should I start at 18?
14 May 2021 | 3 replies
Ideally your rents more than cover your mortgage so you gain equity and cashflow.
Justin Sofman
Thoughts on waiting out this tough market, save $ and BRRRR?
14 May 2021 | 2 replies
On one hand I can be persistent, make a base hit purchase... maybe, and gain some experience.
Krista Burke
New Member from NWI
27 May 2021 | 8 replies
Being a hairdresser for so long I have gained great sales, communication and people skills as I’m quite outgoing and extroverted!
Eric Eckman
Urgent Self Directed IRA Questions
15 May 2021 | 8 replies
You would want to invest your IRA passively if you wish all income/gains to be sheltered from taxes until distribution.
Nathaniel Page
Looking To Househack In Riverside, Ca (Inland Empire)
4 June 2021 | 10 replies
I have listened to several BP podcasts and gained a lot of valuable knowledge.
Kimberly Lima
Wholesaling in THIS market?
25 May 2021 | 14 replies
Are you able to gain any of your own clients and charge a fee?
Michel Allen
Multifamily and Syndication investing
16 May 2021 | 4 replies
With that in mind here's why;Moving real property out of a S/C- Corp is taxable when it comes to capital gains and a personal suit of judgment against you or one of your shareholders can filter through to the corporation.
Alvaro Rodriguez
New real estate agent
19 May 2021 | 8 replies
No matter how new you are, if you know your market like the back of your hand you will gain people's trust as a neighborhood expert.Fourth, aggressively pursue getting listings.