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Hello BP,So I have a condo that I would like to get off my investment portfolio as I cannot rent it for a year (long story.) I would like to flip it and put it back on the market. I know I cannot put it back for mar...
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Please post your thoughts on the following quote:"At a recent conference, rising inequality, new technology that replaces jobs, or neuroscience, or other new developments that could be disruptive to our way of life we...
Six months ago, I purchased my first rental property. I obtained a traditional mortgage on the investment property, but have since paid that off when I refinanced my primary residence. So I have an investment property...
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Hi everyone - I'm hoping to get some advice on a complicated situation that we're facing for a rental condo that we own in Worcester, MA. On September 4, our ground-level unit was subject to an immense amount of water...
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I recently started reading "Tax Free Wealth" by Tom Wheelwright and I realized how much my knowledge is lacking on the tax side of investing. Further, I realized how confusing the different terms are for the various ...
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Hi, I need to get a high-level understanding of how investing in RE is going to affect my tax situation. Any suggestions for where to go for a primer, either online or books? I currently do not have any W2 work, but...
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So, I scoured the forms, and I couldn't find anything on this. I would appreciate any thoughts you guys could share.
My thesis is: for certain individuals interested in buy and hold, it could make more financial ...
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Our goal is to develop a financial strategy for moving forward on purchasing investments this upcoming year. I think I have a decent plan of attack despite a recent setback, but would love to hear what advice the BP ...
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I have a full-time job and my initial reason for acquiring a multi-unit property was in order to live for free aka house hack and, more importantly, to write off the expenses (renos, mortgage, etc) in order to get mor...
https://www.marketwatch.com/st...
Higher maximum rate
The pre-election Biden
tax plan would raise the top individual federal income rate on ordinary
income and net short-term capital gains back to 39.6%, the to...