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Economic Update
(Monday, June 22, 2020)
The recession that started in March was the sharpest downturn since the Great Depression. As it turns out, it may also be the shortest. This doesn't mean our economy is ...
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Economic Update
(Monday, March 22, 2012)
The TV commercial used to say “When E.F. Hutton speaks everyone listens.” Well, E.F. Hutton is no more. Now we have the Federal Reserve. And when the Fed speaks, truly EVE...
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We recently took a job in CA and had to list our 1905 Historcal home that we renovated for sale in a market that is not ideal for selling a home in rural Upstate New York. Knowing our options were limited we agreed to...
My understanding of Dealer Status is that if you are flipping on terms (in my case: buy on terms, fix -or not-, then sell on terms) then you lose the ability to be taxed as an installment sale where your gain is sprea...
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Now that I have your attention...😉
How can I use my $5k tax refund to make money in Realestate?
I've been reading up on crowdfunding. Any success stories?
My ultimate goal is to buy and hold 10 properties that ge...
I have been on BP for sometime now and it seems very random to me what forums get responses or not. Sometimes I get a ton of replies and other times I get zero replies. Can someone explain to me why or how to get more...
We did it. My wife and I finally agreed, the time is now. I liquefied 25K in funds, and we are now, ACTIVELY in the market for our first investment. I'M SO EXCITED!Also, I can't breathe. LOL.We're looking for a BRRRR ...
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Hello everyone,We have been searching the posts here on BP and still haven't really found a specific answer to our question. How do you calculate tax on a 1031 Boot? Here's our situation: We sold one property and...
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How does a new out of state investor “build a team” that can be “boots on the ground”? Does this just mean people you meet along the way that you have learned to trust and work well together?
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Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...