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So I have been calculating the capital expenditures for a new home and I was reading the bigger pockets article which was great. But there were two expenses on there that I really dont know too much about or what woul...
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Hi all, quick question here. I'm selling my Texas rental property and I live in California. I know that I would have to pay a federal capital gains tax if I don't do a 1031 exchange. Does anyone know if I have to pa...
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Hi.Grant Cardone is releasing a new crowdfunding for non acredited investors. The minimum is 10k and he offers 65% of distributable cash.What are your thoughts on this?Also he pays monthly which I haven't seen befote
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Just curious what level of capital reserves are common when renting SFHs. 3 months expenses? More? Does you scale it if you own several properties? do you keep this reserve in a separate account from CapEx?
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Quick question for anyone who is tax savvy out there. If you use a repair allowance from a purchase to repair your property and you sell that property not using a 1031 and it was not your primary residence for at leas...
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I am trying to figure out if I would have to pay Capital Gains on a house. The house when's our primary home and then we rented it out for three years before moving back. So we have lived in the House 2 out of the las...
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Hello BP ! Can some one suggest me in the following situation what will be The Capital Gain Tax !! I been waiting to hear from my CPA and have to make decisions ASAP.Date of purchased:- 2011 lived as a primary residen...
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Hello, so as a new investor, I am struggling with the decision of where to put the money I make. Am I supposed to invest in the stock market/mutual funds/etf's with quite a bit of my funds? A little of my funds? Half ...
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Hi Everyone,I am curious if I can seek some advice from the community. I've been under contract 4-5 times on multi-family buildings ranging from 6-8 units in Chicago and 1 18 unit building in St. Louis and every time ...
I have a property that is fee and clear of mortgage. im renting it currently but am thinking on selling to 1) pay down some bills 2) get my real estate investing started. The thing I am concerned about is taxes. Is th...