David C.
Harris County Tax Auction
1.0 Introduction
Here is my small experience with a Harris County Tax Sale. Harris County is the county containing Houston, Texas. Since I could not find much about the actual process I figured others mig...
James Kandasamy
Best Strategy for 1 year Wealth Building for Buy&Hold, Fix&Flip and Wholesaling
I was trying to do some analysis on different RE strategies between Buy&Hold, Fix&Flip and Wholesaling. The assumption i made was
- 10 house with equity capture of 25K for both Buy/Hold and Fix&Fl...
Daniel Trzaskos
Offset Capital Gain Tax
Long story short I sold a rental I had and walked away with approx. 90k. For a variety of reasons I wasn't able to do a 1031 exchange. Was wondering if anyone had any advice to offset the capital gains tax I'm on the ...
Jason Teague
Cash Boot on a 1031 exchange
I have a tax basis of $150,000 on a rental property that I am selling. I am under contract to sell the property for $215,000, of which after closing, I will realized $200,000. I have no debt on the property, I own i...
Account Closed
A list of general Questions
Hello BP! I have accumulated a list of general questions that i would really appreciate the answers too. 1) I would like to do a preliminary title search before I secure a buyer for my properties. What is the most cos...
Micah Cobb
Selling half equity in current family home & turning it to rental
I hope this question is not too basic.Deal Premise: My wife and I want to move from our 3bdrm house to a 4bdrm house but keep our house as a rental. To get the capital for a downpayment for the other home without sell...
Jeremy A.
To take a loss? Break even? Or take a profit? -Come tax time
Hello everyone, I fully understand that every situation is different because of personal income, rental income, differing states/taxes and even marital status plays a roll. I believe that I have a strong grasp on taxe...
Account Closed
I have a plan. Help me improve/identify flaws.
Okay so let me give a quick background on myself. I had a windfall of money in the past and after paying off a bunch of school loans I am currently left with about 330k. I currently own a two family home that cash fl...
Sam Huang
Financial freedom goals. Accumulation phase ongoing. Payoff next?
Family goals:
We are a family of 4 (2 kids), living in CA. Our goal as a family is to move outside the US in the next 3-4 years and live half way around the world for the foreseeable future (5+ years).
Financial g...
Quinn Hamilton
Greenville, SC
I'm a newbie in Greenville, SC and I'm looking to jump in REI. Working on some smart personal financing options before jumping in but dousing myself with REI info on BP and the podcasts. I want to flip and also BRRR...