Mike Helminger
UDFI Question (related to SDIRA)
I read through this post (and several others) and am trying to grapple with the idea of UDFI:https://www.biggerpockets.com/...Scrolling down a bit, Chris Wooten states the following in the comment section: I’m not a C...
Account Closed
start date for long term / short term capital gain determination
what is the reference date to determine long term / short term capital gains for a real property?Is it the actual payment date? the sale contract date? or the vesting date?I tried to look it up but found nothing concl...
Dan Shoemaker
Set Aside for Taxes?
Gang,
I have a rental property I am planning to sell. I'm expecting to clear between $38k and $45k. I have owned it for over two years. What percentage should I be setting aside for tax purposes?
Shaul Duek
New at the Fort Worth market
Hey BiggerPockets Crew,
I'm Shauli, a real estate investor ready to explore new territories. My goal is to acquire 2-3 properties over the next year in Fort Worth area for buy and hold. My flexible budget for each pr...
Yolanda Williams
Best tax strategy to incure less taxation
Hello I am a first time flipper. I sold 2 properties this year that were titled and sold in my personal name. One that was held as a rental for about a 3 years prior and one that was acquired and sold after a year of ...
Collin Baumann
First Time Home Buyer IRA Exemption
I am 6-8 months out from buying a small multi family to house hack for my wife and I’s first property. We currently index invest a strong portion of what we have saved up.2 questions.- Is it worth it to invest inside...
Alex Song
Sell and 1031 into house hack?
Hey BP family,
My wife and I have decided on acquiring a duplex to house hack in we recently purchased our current home December of 2021. We did put 20% down on our purchase we’ve thought about taking a Heloc out bu...
Marc Cesar
buying and holding 1st rental
hey there BP. Im currently looking to transition into buying and holding and looking to acquire my 1st asset to start building my portfolio in this coming year. I currently have a access to a 40-50k loan from a family...
Kevin Brian
Fix then Sell or Rent?
We acquired a rehab for about $30,000. Requires about $18,000 repairs. ARV for property is about $85,000. Average rent in area is about $800. Would you sell or use property for rental after repairs? Whats the best rat...
Edwin Lastra
Looking for my first flipping
Good day to everyone of you.
I reside in the DC area, and I'm looking to start investing in VA or MD area. Currently searching, primarily for areas within the Tristate Area. My aim for the upcoming year is to buy my...