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HelloWhen is the best time to sell rentals after holding for years....assuming no big jump in valueSeems to me if the market is steady...putting a long. The best time to sell rentals before retiring is to get to the p...
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I've been studying and learning REI for about a year now. I am wanting to start with a few flips to generate some more capital to be able to get into some buy and hold properties. I'm building my team now - RE Agen...
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Please bear with me as I am new to the investment and tax implications of flipping homes for profit in less than a years time. My father and I work together in a flooring contracting company. My father has the compa...
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Since learning that cash flow from real estate that was purchased from self-directed IRAs is taxed, and that I would not be able to claim depreciation on this property, what are the advantages to buying real estate wi...
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A recent article that I wrote on the BP blog received some criticism because I suggest that a 401(k) is one of the best ways to increase your net worth.This strategy was criticized by a couple of readers and I thought...
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I need advice badly. My husband passed away so my W2 income is now half what it was. I have 2 single family rentals and a duplex. Plus my personal home. We never started an LLC. I spoke to Wells fargo about cash out...
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Hello BP community!
Who I am (& Why I am already a Big BP Fan)
I am Diane Bartley: work in IT by day, chase an almost 3 year old child during the evenings, and during the later evenings have started...
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Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...