I’m planning on to flip a house later this year. When I profit from a flip I know I have to pay the capital gains, is the tax paid at closing? Or do I pay the capital gains when I do my taxes next year?

Just want to make sure I am able to do this.I have owned my primary residence since 2008, before I was married. I am the only one on title and FHA loan.Wife owns a house, free and clear, out of state.We are attempting...

I have not done a mortgage or refi in a decade and am currently in process with a reputable credit union.  They use a third party for processing and servicing and my mortgage consultant got me a great rate as they wer...

Hi everyone,

We are currently living in Queens, NYC but are considering a move out of state (getting tired of the winters, high cost of living, need more space for our growing family).

One of the things we are cons...

Hi fellow STR investors!I finally purchased my first STR in the smokies in Oct 2023. It's a 3/2, new construction, and I went live just before Thanksgiving. It rented my first day live! Very exciting! So far so good, ...

Having a contract worked up for a short sale.The proposed value is $425K( if even accepted by bank) and the house is worth about $675 as it and with about $100k put into it roughly $850k.The problem is the house has (...

Good morning all.  I am an agent writing an offer for a client of mine on a HUD home.  The ask price is $630k.  I've never done a deal through HUD homestore before.  I read an article saying that properties under $50k...

If there is one, where do I find the setting to block someone, so I don't see their posts?

What is the best way to find a RE lawyer? We live in Denver, and we are just starting out with our first property. Would lawyers be interested in helping us, given we are so small? I'd really love to make sure we are ...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in St. Louis.

Purchase price: $65,500

Cash invested: $32,000

2-Family, 1bd/1/bth units

What made you interested in i...