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I cannot find the answer to my question. Hoping someone here will help me figure out tax consequences of this scenario: Purchase price 150KImprovements 118KDepreciation 77KSale Price 450K So my gain is 450 - (268...
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As a novice investor, the biggest thing I struggled with was trying to get started. It seemed like a common theme, for people that were just getting started, to stress about having read so many books and listening to ...
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We closed yesterday on the purchase of our flip house here in NC. I hope to document to progress throughout the event. Our goal is a 4 week turnaround.Purchase Price $67.5k, (approved short sale)ARV $135k. Comps in...
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I had an offer accepted yesterday but the seller said that if the property doesn’t appraise for what I offered then I will have to cover the difference(offered 315 and it was listed at 300). I then tried to put in the...
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For 2023, FHA loan limits in King County are increased in response to rising prices in the county. For King County, the FHA loan limit for a single-family home is $977,500 for 2023.Two-family property: $1,251,400Three...
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Hi everyone!Preparing to start making offers on our first property but want to make sure we aren't missing anything in our analysis before moving forward. Please poke holes in our math.Property Info: Single Family (2/...
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Hello,I recently got a condo under contract in the Washington, DC area (Fort Dupont). My agent forwarded a list of comps (6 months) within a 1 mile area. Most of the comps are for town homes/ row houses for the same 2...
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Hello all,I'm new to real estate investing. I've been doing research for some time and have learned quite a bit from Bigger Pockets forums, podcasts, webinars, and RE books. I stumbled across this site by listening to...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $120,000
Cash invested: $50,000
My current Fix-N-Flip. We are starting the rehab 13 Apr 2022. Follow along on my fi...
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Chris here from NJ. Great site here guys. Look forward to spending time here and getting to know you.
I am a RE investor/Landlord here in NJ. Always loking for good deals and partners to great investment opportuniti...