Steph C.
Taxation of Rehabs that Cross to Next Calendar Year
Hi BP,
I have a question that I'm sure many of you can answer.
We purchased a home to rehab last year in an LLC. The rehab was completed last year, but the house did not sell by the end of 2011. If the house had so...
Jonathan C.
Flipping as Active Income - Tax issue/Question
Hi All,I have read a lot of posts & books and even attended "Guru" seminars that all seems to make the same statement that a Flipper pays his/her profit as active income - in tax bracket of 30%(?) vs. 15% capital ...
Ava Miller
When will the Raleigh-Durham market cool down?
Like all of us, I'm looking at investment properties around the Triangle (mainly SFHs that meet .70% rule, mainly for equity). I'm starting to expand my search because of how "hot" the market is.When does everyone thi...
Joseph Stewart
Gas station / convenience store / liquor store due diligence
Hello! I am close to putting a gas station / convenience store / liquor store under contract. $8M asking price, $3M to business, $5M to the real estate. The sellers are requesting what I consider an unusually short...
Abdul Azeez
Turnkey provider - Memphis, Kansas City, Birmingham, Indianapolis
Folks - I have been talking to a few turnkey providers - Memphis invest, Buy Memphis Now, Norada over the last couple of weeks. All seem good companies but unfortunately, there doesn't seem to be inventory available t...
Judy Graff
Still need turnkey rental properties companies
I help local (CA) investors purchase SFR turnkey rentals in other states. It seems to be getting harder to find good companies that purchase, rehab, tenant, sell and then manage properties. Seems like a lot of last ...
Bear Geiger
Yet another 1031 exchange question
I am currently working in development of raw land. In short, we by a large piece of land, make improvements, split it into smaller tracks and sell them. At one time I was told that even if I hold this property for o...
Elizabeth Grunnah
Out of the box advice wanted
Hi friends, I've worked for an investor in DFW for three years now and we have had some success here flipping houses. But in the past year, as I'm sure most of you know, it's been nearly impossible to find inventory. ...
Tim G.
Opendoor Currently Holds 17,733 properties across the US
I've been watching Opendoor since almost selling a home to them last year, they backed out at the last minute from an offer so crazy I felt certain their future was already written. I ended up selling the deal to Redf...
Steve Meyers
San Diego Homes Prices & Inventory Supply - January 2022 to January 2023
Hi All,I've been getting a lot of questions regarding the San Diego market in particular and where prices are going etc so I wanted to pull the most recent data to compare last year's January to this one.All propertie...