I need clarification of the tax expense related to a sale of a property that was my primary residence. Let’s say I make $100k on a sale of my primary residents. Profit. This is after including all cost associated with...
For the seasoned residential real estate investor, the “fix-and-flip” or rehab market is the most resilient sector of the real estate game. It’s also a great place for the not-so-seasoned investor to start, as it come...
Investment Info:
Single-family residence buy & hold investment in Chesapeake.
Purchase price: $120,000
Cash invested: $28,205
The property is located in Chesapeake, VA. Has 3 beds, 1 bath, 1146 S...
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
After 45 + years as a real estate investor, broker, lender, fund manager and syndicator, I’ve become aware that the “dream” of many investors ...
Currently i am working through the tax issues (qualified vs unqualified use) with having sold my home in VA and finding it a lot more difficult to get a clear answer than i thought. Hoping someone here has dealt with...
One of the questions we’re often asked by property owners is what to do when a tenant stops paying rent. At Bull property management , we’re process-driven, so today we will discuss t how we handle this situation.1)Th...
I am new to Bigger Pockets, real estate, and real estate investing in general. I am just starting as a real estate agent and I want to invest in my local area, Bennington, Vt. I have always had a goal to be retired at...
Hi everyone,I need some advice please.Due to unforeseen circumstances I need to sell a property that I was rehabbing.The property will need cosmetic repairs to finish,but I will be selling as is.I contacted a Realtor ...
HI All,We are in the process of our first flip. Wanted to share the numbers and see what people thought.Sale Price of Home: $56,000Rehab costs: $33,000Fixed Costs: Don't have these numbers yet. Besides closing cost...
Investment Info:
Single-family residence hard money loan investment.
Purchase price: $35,000
Cash invested: $45,000
Found this deal from a local GC.
Purchase: 35k
Rehab: 45k
Duration: 5 months
ARV: ...