TJ Scott
Selling my house do I have to pay taxes
I am selling my home because my wife got a pay cut and we can no longer afford the mortgage. We will be making money off the sell and we are buying a cheaper home. Do we have to pay taxes on the profits from the sell?
Peter Hanson
16 long term rentals at 33% ltv, need guidance
Hello everybody,I currently own 12 rentals out of state average purchase price is approximately 65,000 each average income is $950 a month per propertyI also have four long-term rentals in California combined value of...
Ryan Thomas
Capital gains on sale of house after divorce
Unfortunately my wife and I are planning to divorce the beginning of next year.Based on the current market we will make about 100k in gains and will have only lived there for 1 year so will be paying short term capit...
David Healey
When Should We Consider Not Refi out of an FHA to Conventional?
Complicated Question:We just purchased a Triplex on an FHA in January. We have about 22% equity in the property now and want to refinance out of the FHA into a Conventional product (I believe Freddy Mac will allow us ...
Alecia Loveless
HELOC or REFI which is better?
Due to unforeseen circumstances I’m having to put $120,000 in repairs into a newly purchased Duplex. I don’t have this much cash. I have a SFH owned outright that should come in valued around $240,000. Would it be bes...
Tim Coppola
Help finding a tenant a new apartment
Greetings everyone,I am wondering if I can get a good recommendation on a reliable company in Chicago that helps people find apartments. I own a 3 flat which I currently do not live in but due to unforeseen circumstan...
Bogdan Olteanu
Exploring Partnership Dissolution: What Are the Best Buyout Strategies for a 50-50
Hello BiggerPockets community,
I'm here to seek your collective wisdom and expertise on a rather complex real estate dilemma. My partner and I co-own a four-unit apartment building in Alabama. We initially invested...
Christopher Bell
Electric Vehicle Chargers
What do you think about putting EV chargers into each of your units? I’m trying to figure out if they matter. I’m trying to cater towards higher end rentals. Cost is about 3k to put in per unit with the chargers, 1.8k...
Alissa Thompson
Chapter 13 Applicant - What would you do?
Hi All! We had a potential tenant ask if we would consider leasing to them even though they are currently going through Chapter 13 Bankruptcy and have 23 months left of their program. As a couple, they make enough mon...
Adam R Gebner
First BRRRR in Fayetteville, NC complete!
This is my third property in Fayetteville, NC but my first BRRRR. Pictures were taken two days ago and I will post them as soon as I have them. Rehab included:Electrical upgrade and HVAC installation: $8300Hooking up ...