"For the first $40,000 of your income, the capital gain tax rate is 0%! You pay nothing!"
Fantastic, but what does it actually mean?
If I have no job and sell a property for $100,000 - does it mean I pay nothing for...
This may be a basic question -- but I don't know the answer.
I have a house in another state that I used to live in. We moved, but kept the house because we had a 2.625% loan on it -- and there was a possib...
I live out of state and she has been managing my 3 investments for several years. Even when they are fully rented, I rarely show any positive cash flow, rather I just stay afloat after mortgages are paid! I feel like ...
Hi everyone,
I listened to a webinar the other day that had an interesting idea. They called it residential backflipping. I'll try to lay out the basics from that webinar here (this is what Peter Conti and Jerry Nort...
My wife and I just finished our first flip. We put the house on the market about a month ago and have had almost zero traffic (two showings). Empirically, I know this means it's overpriced, despite an initial listing ...
Hello,My name is Joseph and I am a relatively new RE investor, I am enjoying reading BP forums and I intend to contribute also. I started my journey as a RE investor in 2017 with 2 SFR in Houston and 2 SFR in KC in 20...
I have called several local title companies and it seems they just don't offer the right service for doing a title search prior to a trustee auction. They seem structured to only provide the full escrow service.
I'...
Hi all,
it is rare that I actually create a topic although I like to post on other issues. I had a few thoughts come in to mind as I just came across a vacant property. The property is located in a nice neighborhood,...
I'm a newbie with BP and I would want to own properties, but because of the pandemic, it makes me wonder how tuff it will be to find and really screen potential tenants. Anyone has thoughts on this, please let me kno...