I am a production supervisor for a home builder. I know the ins and outs of construction, I have a great relationship will a wide variety of trades people and I am pretty handy myself. I currently own a flip house. I ...
Hi All,I know it's standard practice to count a certain percentage (I've heard 10%) of the rent you get from a property as going towards repairs. However, as I'm sure everyone is aware, these can be very "chunky". Y...
my husband and I built a house in 2003 and lived in it until 2011 when we rented it and bought a new one, and we are selling the house in May of 2016. In 2011 we lived in it for 9 months. In 2012 we rented it for 8 mo...
Hey BP,I'm having a hard time visualizing the taxable capital gains on the backside of owning a property.Here's an example to help simplify my question:What gets taxed when you sell a property?Lets assume the property...
Hello BP! If I do a complete BRRRR, and retain equity after the refi, then decide to sell before the 1 year mark, will I be subject to short term capital gains tax? If so, is there a way to navigate around that?
I'm getting closer to the point where I want to market my investments to obtain 100% outside capital. My business plan is to get financing on the asset, so my questions are geared toward using investor capital for the...
How can a real estate investor (newbie) capitalize on foreclosures?
Velma
Hi, I’m new here, but not new to real estate investing. My wife and I have some SFH in Arizona, but are thinking about investing into a syndication. We came across Robert Martinez from Rockstar Capital. We were wonder...
HI All, I had a property mortgage free and Owner financed it Dec 2020. Capital gains are deferred. However somehow the buyer just sent me a payoff in June and that will be a large amount of change dropped into my ...
Hi BP! I am selling a property in SC but I am no longer a resident there, do I still get the 44% deduction for capital gains? Thanks!