Investment Info:
Single-family residence fix & flip investment.
Purchase price: $180,000
Cash invested: $310,000
Sale price: $450,000
My wife and I purchased this home and renovated as our pr...
Welcome to the vibrant and lucrative world of Real Estate in the DOMINICAN REPUBLIC!Whether you are an investor seeking lucrative investment opportunities, or you are an individual looking for a piece of paradise to c...
I’m considering getting out of real estate investing. The thought came to mind of selling my properties (4) and getting a single family residence, renting that out for a couple years and then moving into it, convertin...
I have a question about a future 1031 exchange my fellow BP’s. Currently live in a owner occupied 5% down conventional loan home. I’ve own the home for a year to date. I want to buy a new home to do a live-in flip and...
With so many real estate tax write-offs, it’s no wonder that CPA Brandon Hall says rental real estate is one of the most tax-advantaged assets on the planet. But, even with so much free-flowing information on how to p...
Hi all, I went to a Rich Dad Poor Dad seminar a while ago and got some information I believe is false. I went to this seminar one of the free ones and this speaker went on to stress this point in saying that if you ta...
I heard you can withdraw your own contribution from Roth 401K any time without tax or penalty, since it's after-tax money on the contribution. Is it a relatively easy process? What does that entail? Do i have to roll ...
My wife and I have lived in our condo for 17 months. We are moving across the country for a new job, and are converting the condo to a rental. We don't intend to ever move back into it.
From a tax advantage and over...
Hey All, I have a home owned in a Solo401k (setup through Sense Financial), that I may plan to do an "In-Plan Roth Conversion" in the coming years. With this is mind, I want to make sure I understand the total wealth ...
I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (a...