Maher Bateh
capital gains tax?
If I buy and sell houses(flip) as a full time job, do I pay capital gains taxes? I read somewhere if it can be proven as a full time commitment and its the only source of income I make, the capital gains taxes are inc...
Shaun R.
Couple on the lease breaking up
I've got new tenants that have only been in the house for one month. It's a couple and a roommate in a 3 bedroom house. I see the girl in the couple emailed me asking to get off the lease because she and the boyfriend...
Account Closed
Phoenix Metro Homes Among Nation’s Most Overvalued, Study Finds
The Phoenix housing market has become overpriced.
That’s according to a recent study from researchers at Florida Atlantic University and Florida International University.
The research found that homes in various met...
Jasmine Claye
How Likely Is It?
I watch a lot of RE shows about flipping and solely renovating. I know that there is more behind the scenes then what is shown on TV but on these shows, they seem to be able to do a renovation for between 30-40K. Incl...
Corey Demuth
Responding to tenant "emergencies"
I have a question for the seasoned landlords...How do you handle it if a tenant calls you about an issue that they feel is an emergency (which may or may not be an actual emergency) and you are not able to go over the...
Ron Kelley
Best way to deal with an Underwater Mortgage
Hello everyone,
I am new to BP and the world of note investing, I've read loads of postings here on BP (which is just mind blowing the level of knowledge/experience) and have loads more to go which just wets ...
Geremy Rosenberg
Should I back out of deal after inspection? Day 7 of 10 due diligence
Hi Everyone, I am an OOS first time investor and got a SMF built in 1920 (2 units, 1bd/1ba and 3bd/2ba) under contract at 20K below purchase price (@190K) with both units currently rented ($850 and $1200). I have had...
Darron Pierson
Jerryll Noorden's system
Has anyone tried Jerryll Noorden's system or have any information about him?
Amber Welsch
Does anyone have experience with renting with Furnished Finder?
I'm analyzing properties that can be used as a long-short rental for 30-90 days at a time. Mainly for travel nurses but for anyone looking for the same kind of rental. Does anyone have experience with this? I've been ...
William Harvey
Accounting for house flippers
Hello BP community,For house flippers doing consistent deals, what tool(s) do you use for accounting? I've tried QB (admittedly, didn't try for long) and it didn't seem to be a good fit. Seemed like QB would be good f...