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If I buy and sell houses(flip) as a full time job, do I pay capital gains taxes? I read somewhere if it can be proven as a full time commitment and its the only source of income I make, the capital gains taxes are inc...
Excuse what is going to be a long rant - for the sake of my sanity I need to get this off my chest. I have another username on Biggerpockets (no, Adam Smith is not my real) which is my real name - but for this post I ...
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How often do you successfully close a deal with $0 down?
Thanks!
Gabriel
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Just wondering, does anyone on BP make money from RE, but actually acknowledge the simple points outlined in this site:https://www.caare.org/The site clearly and concisely absolutely exposes all of the worst things ab...
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I'm renovating a rental kitchen, and want to make it nice. This is a 900 ft 3br that might rent for $1600 when I'm done. I've never put in this much cabinetry before, and wonder if I'm overdoing it. I have some ten...
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Hello!
I have come across this site this morning. I am 47 years old, and I will pay off my house in March. Once I no longer have a mortgage in my primary residence, I am thinking investing in real estate could be a...
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Josh is probably scared to death to see this opening line!!. Not to worry. Let me say it first. This is a great site. I don't always understand or know all the rules, but I play by them. When I have something pointed ...
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When my wife and I bought a new house, we turned her house into a rental. I negative cash flow about $150/month because the house is underwater by about $80k (value $100k, owe $180k). She took out a first mortgag...
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What are the best ways to find a money partner that will fund the deal for a percentage of the profit. I can find the deal, perform the due diligence on the property and present a full analysis to my partner. I know p...
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@James Wise shared a horror story so I'll share my most recent example. This isn't Cleveland but we still have our problems.I pick up a lot of business from private Landlords that manage their own rentals. This is a r...