Dean I.
Offsetting Flipping Taxes with Passive Rental Income?
So, I have read several books and posts on here concerning offsetting income tax with passive loses or depreciation from rental properties, but I am still a little unclear as to how that all works and if I can actuall...
Max Sherman
BRRRR deal gone sideways
Hi folks,
I'm looking for some advice on what to do here, maybe someone has been in a similar situation?I'm an out of state investor trying to BRRRR in Lexington Kentucky. I bought a pretty distressed SFH for $90,00...
Natalie Wade
Got my first contract
I have my first property under contract. The contract amount is for 200k for a fixer in my area. Now that I have it I am sooo nervous as to what to do next. All the info I have read is exploding in my head. I want...
Michael Tully
Eviction Surge Nevada - Las Vegas - Clark County
Has anyone seen this report from the Guinn Center? Meet Kevin also did some discussion on this topic. I feel like most landlords here on BP got above 80% rents during this crisis, but I'm sure there are many mom and p...
Matt E.
Wisconsin- low appraisal a deal breaker?
Last night the appraisal came in ahead of my first deal. The property was valued at $153,000. My offer was $178,000. The 2010 appraised value was $172,000; rent has increased and they've made improvements to the pr...
Aryelle Collins
Money Partners
What are the best ways to find a money partner that will fund the deal for a percentage of the profit. I can find the deal, perform the due diligence on the property and present a full analysis to my partner. I know p...
Doug Watts
First Flip Listed! Any strategies to avoid CAPITAL GAIN$?
My first flip is listed on the market and should be selling soon. I was just wondering if there are any strategies or things that could be helpful to me on the capital gains. Im pretty sure in texas you have to own ...
Tino Scales
Active Duty/ Ret. Military Member Friendly Space Coming to BP!
As a currently active duty service member looking to transition out of the NAVY and back into civilian life as a full-time REI and entrepreneur I feel the need to give back to my brother & sisters in arms looking ...
Andy More
Lead Paint-Flip
How do all of you that flip houses deal with the EPA RRP Lead Paint guidelines that we all have to follow.....
-Are you lead paint certified?
-Do you only use lead certified contractors?
-Do you not buy pre 1978 prop...
Ezra Nugroho
Tax Implications of Seller Financing via Note
Hi all,I just read this related topic on tax implications of Subject To: http://www.biggerpockets.com/forums/51/topics/1303...My question is what are the tax implications of seller financing that is done via the creat...