What is considered a good goal for return on equity in a property? I’m trying to construct a window when I should start messing with a property to move the ROE back up once it’s accumulated “too much” equity. For refe...
What is the % of taxes I may be subject to pay on a property I lived in for 366 days then sell at a profit? I'm getting mixed responses on this. A real estate agent told me 25% of the gain. A lady on biggerpockets for...
My friend acquired a tax certificate property for $5k. I'm about to wholesale a it for $15k. In this case, the owner has 6 months to redeem. From my understanding, the owner can buy the property back within the specif...
I have a question about Real Estate Professional status as it pertains to taxes. I've been an investor for about 4 years since I moved out of my first home and rented it out. Since then, I have bought two more homes, ...
Any suggestions on which method is a better way to furnish a rental property? I am debating whether to use a dedicated business account that is funded to ensure proper tax records vs using a personal credit card so I...
Is there a grant for aquiring multi famialy properties? Lets say 100+ units. Is there any type of grant you could get?
Hello, I’m new to the real estate investment world and I’m looking to do fix and flips and have been doing a lot of research and studying. I have a question and this might sound dumb but when do you take profits for y...
Hi Guys, I am looking to buy a condo to rent it out while i am renting my self, this seems to be a odd thing. but I want to build my equity while i could accumulate to buy a house for my self. I am concerned about th...
First time with investing here in Upstate South Carolina and want input on how to go about the home I am rehabbing. The numbers:112k purchase price (cash)30k on updates and remodelARV recently went from the 180's to t...
I heard this is a great website were people love to help, and i would love to start helping as soon as I can! To be able to do this I need to get a few things straight. If the tax for...