Hello all! I am going to sign contracts on my first flip on tuesday. We did well and made big profits and the experience was incredible. Now I want to avoid paying taxes if possible. Do any of you more experienced fli...
Good Morning, I live in New Jersey and assist my father in managing his rental property in Trenton. This is my first time at this. Getting my feet wet for when I buy my own property. We had a new tenant move in on Mar...
This is an article I published on Linked-In and Nextdoor regarding Roof Moss, Moss Control and Roof Cleaning. Thought I might share it with folks here in WA since it is a necessity and one thing I see neglected on a L...
About to sell my primary residence and would like to invest a portion (through 1031 exchange) and possibly some after-tax amount of my proceeds in investment properties outside of CA.
I have taken a cash-out loan on my personal residence to fund an LLC in which I am buying real estate.
From an accounting standpoint, what's the best way to structure this? Can I consider this cash infusion into the ...
I purchased a 22 unit apartment building summer of 2018. The past owner did self management and was lax and inconsistent with any type of policy. He has been visiting the property and seems to be advising tenants on...
Hi. I'm talking with a guy about a mobile home park he is selling. It's a 32 lot. 15 lots are rented. He said They all own their mobile homes. Rent is currently $150/ month.Selling for 188,000 and give me a land contr...
I inherited two homes, both were paid off one was livable, and I now live in it, the other was a rental in TERRIBLE condition. When I spoke with a real estate professional, she said the home would probably sell for ar...
When flipping a house, what are some expenses that can be written off for tax purposes? This home is a few hours away; so what about things like driving miles, anything we purchase for the house, food while working on...
Hi, everyone.Been on bigger pockets for a while now, but never had anything to say till now. I came across an opportunity which I have no knowledge of, so I was hoping to get some help. Got contacted by someone sell...