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Hi BP,I purchased an occupied rental property in November 2020. I have a significant amount of equity in this deal and would like to exchange the rental for another rental property in a different city. I have read onl...
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I purchased a home with a second VA loan approximately a year ago. The house is great, but for a variety of reasons I'm interested in moving to a nearby city and making this home a rental property. I vaguely remember ...
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Hello Community,I opened an LLC, purchased a flip with it in 2018, had a bunch of issues while rehabbing it, when we were done with it, it didn’t sell quickly, we try to refinance it, bank made me quit claim deed it ...
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About 2 years ago I drove by this horribly ugly blue house that I could barely see from the road. I had been reading BP posts about driving for dollars and finding the seller to buy it. After an hour of google searchi...
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Hi all,What do you do after you finish rehab on a property that you intend on selling? I see a few options and want to hear what you do and whether you have any other good options. The point I want is to reduce taxes,...
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Hi fellow BP members! This is my first posted question, so please bear with me!My dad and I recently used our SD Roth IRA's for the first time to purchase an investment property in SC that we plan to flip. The propert...
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Hey guys, I'm getting ready to close (selling) my first flip in Dec. I'd like to roll the profits into the next one, but I've read that you can't roll flip profits to a 1031 exchange. Is that correct, if so, is there ...
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Hey BP friends. It's been a long time coming but my business partner and I just closed on our first property. We're aiming to do several buy and holds but this property will be a fix and flip. My question for everyone...
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Investment Info:
Single-family residence other investment.
Purchase price: $65,000
This project focuses on the new construction of a single family residence that is affordable and minimal at the same tim...
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So I guess I misinterpreted a 1031 exchange. I purchased a property Jan 2019, a few months ago. I fixed it up and it sold this month, and is set to close May 2nd. I contacted an exchange company and they told me th...