Selling my primary home after a year and a half of ownership. Bought for 300K, selling for 340K. Quick research tells me I'm going to be paying 20% on the 40K profit. Is there any way to avoid this? I am planning on b...
I'm putting together my investment plan. I currently have a primary residence. (If I had known I was going to get involved in real estate investing I'd have done this completely different but it is what it is). If I u...
So we had a piece of property that’s currently under contract to be sold. We are doing a 1031 exchange since we bought it for $70,000 and sold it for $260,000. I’m really confused about the mixed use 1031, I see a lot...
When my husband and I got married, I had my own house and we decided to rent it out and move into his place. It's been a great little income producer, but we are looking to get into commercial properties rather than s...
Hello all!First time post. Long time fan. I'm new and apologize if this is obvious. I currently have the opportunity to purchase a home from my mother for $70,000 valued at $240,000. I know typically with the BRRR str...
I am just starting out in my real estate investing journey and have been reading what I can find about buying properties personally vs through an LLC. Many say that early on it is (for the most part) preferred to buy ...
Will be moving soon to a (annoyingly) HOCL area for career and to be closer to family.Based on career/projected income, was offered a 0% down, no PMI, owner-occupied option (Rate is ~4.8%) from a bank we have a relati...
I LOVE the idea of househacking -- unfortunately I found BP & the househacking concept after I bought my own primary residence last year. I'm wondering if I can still take advantage of househacking benefits if I p...
Should I put my primary residence in an LLC if I am house hacking? What are the pros and cons?
Okay...Finally making the plunge and putting my old primary into a LLC or Trust. Curious about what you all think for pros and cons? I am getting very conflicting information online and am actively seeking a Real Esta...