My private lender is tired of getting 10% from me because he is a high income earner and with NY taxes he's losing half of what I pay him. He feels he nets closer to 5% with me. He is willing to be creative in an...
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...
Can tenants terminate their lease due to German roach infestation? I sprayed and my older tenants don’t seem bothered by the problem. My new tenants want to immediately move out and are requesting a return of advanced...
I bought my first house in 2015 for 91k and moved right in. It was bank-owned and I bought it cash. It is now worth about 250k. I'd like to move to a different town and rent out that first house (both in Oregon). I'm ...
I have been reading up on the benefits of investing in qualified opportunity zones. I am currently selling an investment property my partner and I have owned for awhile. My partner is not interested in expanding his r...
I have been looking into Opportunity Zone Funds (OZF) to defer capital gains I made in December (plus make more long term capital gains without paying taxes). I have a decent grasp of how OZF works. What I am trying...
Just wanted to confirm this is correct- in Washington state you no longer have to pay capital gains tax on real estate, regardless of how long you owned the property? My husband and I are putting our new construction ...
We purchased a home last year that we were planning to rehab completely and then move into. The rehab happened, but the move in did not because my wife was transferred to another city. We've been in a rental throughou...
Hello BP,I'm negotiating on a quad right now. The company I invest in the stock market with offered me a LOC utilizing my portfolio as backing with a 2.5% variable rate, no fees. They told me that while the interest i...
If there's a country that is tax friendly and pay no capital gains or estate (inherance) means it will be better to flip than being a landlord?
Let say the investor wants a quick ROI and tax benefits.