At what point is it determined, in the eyes of the IRS, how to tax a flip? For example, if we buy a property with or without the intent of renting it out, and after rehab we place a tenant in the unit, can we sell it ...
Hi,
Does anybody know anything about Pinnacle Development Partners, LLC? I saw their ad in Newsweek and the return they promise investors for buying Atlanta foreclosures sounds too good to be true.
Thanks!
I am currently thinking of putting an offer on a triplex in the Seattle area. Two of the units are occupied and the other is vacant. The occupied units are both section 8 tenants with leases that do not auto-renew. Th...
I have a question.I had a property that I was under contract and wanted to flip, after checking the property I decided it wasn't for me.So I decided to wholesale it,The deal actually was pretty good for the right pers...
Hi everyone,Wow what a site and community! My wife and I are moving to Bellingham this spring - gee I hope it's still raining when we get there ;) We're both originally from WA, and are so looking forward to settling ...
Hi guys,
I am looking to invest in my first rental property with the goal of building a rental portfolio in the coming years. Bigger Pockets has been a great resource of knowledge so far but the information on the ...
has anyone looked into this? It claims to be a college on how to become a real estate investor from the best arpund. There are diferent courses the offer finacial aid and give you access to online classes or you ca...
Hello everyone,After a couple of weeks of listening to the amazing podcasts they have here at BP, I've finally decided to join. I'm just starting out in my RE journey, mostly been absorbing as much knowledge as I can ...