Debora Monteiro
Primary Residence and Taxes on Capital Gains
Ok, so as a first time potential seller and novice investor-I just learned that if my I lived in my home for 2 of past 5 years I may not have to pay capital gains when I sell. I bought my two family back in 2008. It h...
Scott Baker
1031 and or 121 exclusion on primary residence
Can someone give me the low-down on 1031 exchange and how it can apply to a primary residence? From my understanding if you have no intentions of making your primary residence into a income producing rental for at le...
John Adeiza
Questions on Tax sales
I am a newbie, very much interested in REI, I am not into it yet, but I have been reading books and I feel it is time to start. I came across the JohnBecks Tax deed and Tax lien sales advert but Because of my lac...
Account Closed
Getting a loan "without" a job?
I am currently working off the books and assume I will be for the next few years. I want to get started and have enough money saved to do so, but will any bank give me a loan with no reported income?
Billy Rogers
Title Issue
I spoke with a seller today who has stopped paying taxes on 5 acres of rural land. She lives out of state. She told me that she bought the land from a lady and the lady's sister owned the title company where they c...
Glenn English
Single Family Flip lessons learned.
Investment Info:
Single-family residence fix & flip investment in Stoneham.
Purchase price: $315,000
Cash invested: $180,000
Sale price: $519,000
Purchased a SFH off an auction website and fu...
Ryan McDonald
To Sell or Not to Sell - Las Vegas SFR
Long story short, I have $200k equity in a property that might be better utilized. I purchased my first primary residence in Las Vegas in 2009 and lived there until I build a new townhome and moved out in fall of 2020...
Ryan Wesley
Cash Purchase of duplex and associated tax deductions
I've just begun looking into RE investing after having a BP account for a few inactive years. Recently I was talking with an agent who proposed the idea of me forming a single-person LLC and then using it to buy an i...
Benjamin Arritt
How do you aggregate personal finances w/ property investments?
I’m going to cross post this in a few places and to be clear, I am NOT talking about software or a bookkeeper that specializes at any of the following:
bookkeeping for taxesrent roll and property managementproperty p...
Brenna Crowe
Seller financing options?
Hi! We may have found a great multi family unit. The owner owns the property free and clear but says that if she was going to do seller financing, she would do it with a friend of hers.  Any tips on what to say in or...