Andy Hughes
Tax Write Offs On a Flip
For those of you in the flipping business. Can I pay myself for work done on a flip? I am looking for tax write offs to help reduce capital gains for profits made on a flip purchased in late 2016- and sold in early ...
Zoran M.
Diary of a Cleveland, OH Flip
Hi all, With so much interest in Cleveland, I thought I'd share with you a flip we're working on in the eastern suburb of Cleveland Heights. The home is 3,800 sq. ft. (large third floor) and was built 100 years ago. ...
Tony Santos
Your first flip or wholesale deal!
Hello my name is Tony Santos. I am fairly new to bigger pockets as I am to real estate. My partner and I will be attending our first REI meeting this evening and I'm very excited! Not only can I not wait to listen to ...
Shane Miller
Gilbert / Chandler Arizona House Flipping Recommendations
We are new to the area and are considering rehabbing and flipping a few homes in the Gilbert, AZ / Chandler, AZ area. Can someone give us some recommendations on good general contractors or contractors for painting, ...
Erika Koenigsknecht
Capital gains tax-flipping a house
This may be a dumb question but I am just getting started and trying to figure out all of my potential costs before I invest.
Do you have to pay the normal capital gains tax on a property when you sell it for...
Martin Sterling
Average Days To Flip A Property
Greetings All,I wanted to know, is there a source to find out the average days or months it takes to flip a property in various markets?Thanks in Advance
David Olson
First Flip: Am I missing something?
I will be diving my first Flip here in Texas ( West of Houston in Katy to be exact) at the end of this month. I have formed a partnership with a good friend who has his own construction company and manpower. My role i...
Kramer Stewart
Successful Flip in Little Rock, AR
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $37,400
Cash invested: $37,000
Sale price: $109,200
Contributors:
Conner Bryant,
Stephen Tongu...
Luc Boiron
No money down on a flip!
I've been reading a lot of posts on BP, and it suddenly clicked that a deal I recently put together was done with NO money down!One of my best friends was moving out of the country to study in Asia. He has a few prope...
Mark Allen
HLM vs. PM partnership on flip
I had a discussion yesterday w/ a guy using 100% private money @ 6% and splitting profits 50/50 w/ the lender. He thinks this is a great deal and that 70% LTV hard money at 2 points and 12% interest is a rip off. I ...