I am building 4 single family homes and expect a very nice payout. Interested in how investors/cpas would structure this to maximize after tax return.I bought the property for 800k. The seller didn't know what they ha...
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We are brand new to the real estate game, and have been researching the filpping, and investing. Have many dreams about the future, but our realtor told us today that we can only have 4 transactions a year without a ...
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I have signed up in this site in 2015 but I never engaged. 5 years later, here I am again. But this time I have the itch for learning about how to get started in REI. My goal is to buy my first real estate investment ...
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https://www.biggerpockets.com/blog/wall-street-is-not-buying...Wall Street is not exactly the easiest group of institutions to defend, in large part because they most certainly do merit an enormous amount of criticism...
Hi all,
Topic isn't new, but I've searched for this specific situation and come up empty. I bought a truck (>6000 GVW) and a rental property in 2020, both of which were placed into service. I do not have an LLC se...
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So we are trying to refinance our home and found out that we had an issue with the property and after about a month of dealing with the title insurance company we finally got the following letter:
I want to share m...
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Hey guys! Seeking a mentor... What better place to find one than BP?!? - I bought my first when I was 18.. and have grown at a fair rate ( had college and other major things going on in my life ) .. 4 years later, I f...
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Hihas anyone invested in this platform? thanks
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Hi BP! I'm reaching out to this community to get a referral for a GC who can tackle a reno project on a vacant duplex I recently bought in SW Atlanta (30331). The property will need new plumbing and electric wiring (s...
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Hi everyone,
I have a few questions regarding the tax implications of flipping a property in Florida:
1. What are the differences in tax rates if I hold the property for less than one year versus more than one year?...