Sattir Bitti
Tax consequence on selling half duplex
Hi,We have a full Duplex (investment property), and wondering what are the tax consequences if only 1 of the 2 unit is sold? How are depreciation recaptures, capital gains etc are calculated ? What happens to outstan...
Matt Bennett
Advice on Flipping + Rentals Starting out
Hello,I currently am an construction estimator for a fortune 50 company. This position gives me good understanding of estimating rehab costs on most facets of a house. My wife and I bought a house last year as a duple...
Jatin Patel
Do I have to rent to roommates?
I have a newly renovated 3BR in Texas. I listed the property and received an applicant from 4 25 year olds, who in aggregate meet the income requirements of the listing. This is a disaster. I had not intended to re...
Zelda Chiu
Commercial Real Estate Investment in Cleveland, OH
Hello BP community!
I am from Los Angeles, moved to Cleveland two years ago for work. Housing prices are so high in California that it makes it really hard to even start. Cleveland, on the other hand, seems to have a...
Greg R.
Bankruptcy chapter7 and keeping rental properties?!
Is it possible to file for BK 7 and still keep any rental properties if that is your only source of income? Won't qualify for chapter 13 due to excessive debt and chapter 11 is too expensive. :roll:
Bill Williams
Can my fiancé but my house?
Here's my situation. Last year I purchased a distressed property and spent the past year fixing it up. I was going to try and sell the home so I can purchase 2 homes that I'm looking at. I'm also engaged and getting m...
Coral Hernandez
How Do I Find Deals ; Where to Look for Deals How to Find Deals
How to Locate a Profitable Fix & Flips:
The Key to finding profitable deals is knowing not where to find the deal, but rather what Number makes it a good deal. Knowing your math is the Number One important ...
Chris Freeman
Short term rental in a new area
I've listened to a handful of the podcasts on bigger pockets and am interesting in learning more. My wife and I live overseas 9 months out of the year. As our family is growing, we can no longer live in our parents ...
Lawrence Amsterdam
Ideas for House Hacking
I just have one question. What are the best ways to house hack with a single family home ?
LOUIS LEATHERS
NEGATIVE CASH FLOW AND HOUSE HACKING
HOUSING CRASH!! PANIC! ..So i'm about to close on a 4 unit. its a house hack, but cash flows negative. however the rents are below market and will be raised, and i plan on refeing in a year or two with my va loan to d...