David Roberts
Interesting heloc question
My girlfriend and I bought a home together in 2010. Got a great deal. Now we have about 100k equity in the house. My girlfriend is on the mortgage but we are on the deed to the house together. Iso it possible for m...
Jacob Marsh
Investing in Real Estate as newly Enlisted Military
I am enlisting in the U.S. Navy and I want to get started investing. From what I understand the best steps would be to save for at least a year and rank up to at least an e3. During that time I could build credit, but...
Alfredo Cardenas
Total Rental Properties Losses
Hello,I am new to investing and I lack knowledge of how to use my passive losses from rental properties. or more than lack of knowledge, I just don't think my CPA knows this topic well. Lets say that i have a total o...
Austin Youmans
Is anyone apart of CCRA?
I tried going to a CCRA (Clark County Rental Association) Meeting and now one was there.Just wondering if anyone is apart of it and what do you think about it?
James Allega
New Guy From Cleveland, Ohio
Hey Everyone,I'm Jim Allega and I just wanted to introduce myself to everyone on this forum. I have lurked here a few times in the past, but only to read a thread or two on a specific subject. Now that I am getting re...
Michael Vivilacqua
New Guy Temporarily in Chico, CA
Thanks for this great tool. My name is Mike, but they call me Mikie 5. I'm 57 and giving up the day job and moving to Central America at the end of this year. Married with few ties to the area other than a single rent...
Eugene Asare
Home run deal. Need help!
Hello everyone,Last weekend by sheer luck an amazing deal fell into my arms. My very close friend informed me that his mom (recently divorced) is looking to sell her home in Columbus, Ohio and relocate. The house is 2...
Jeff Bongard
A Newbie Investor in Seattle
Hello Everyone,
My name is Jeff Bongard, currently living in the Seattle area, and working a 9-5 in aviation. I’m a newbie to real estate investing, and very anxious to learn and get my feet wet as a serious real est...
Jeffrey Townsend
Keeping all the profit.
BP family, If I was to purchase a home to eventually flip (house hack) how long would I need to live there in order to not get Tax's taken from the flip profit?
Tiffani T.
Tax on capital gain on SFH/ WA
Hi BP,
So here is the scenario: If one bought a SFH in 2012 for $190, now worth about $500. Selling this piece for $490-500. Is he/she responsible for the capital gain? Any input would be great. Thanks everyone
TM