Hello BP'ers,I need some advice on which direction to go: with a starting capital of $125K, which is the most affective way to get cash return in a year or two? My goal (like everyone else) is to aspire to live off of...
I am in final negotiations on acquiring a property that was inherited. The property is in a good location, thus attaching $value to the purchase price, but there are years of deferred maintenance, and a full rehab is...
Hello all,I understand, owning a personal property and living in it for more than 2 years you can be exempt from capital gains. I also understand, if you flip your personal property to rental then you can be exempt 2-...
With a Biden Presidency, taxes on on everyone making $400K a year are going up. There is speculation that the "only" 20 percent capital gains tax will go up, and in fact, for folks making $400K a year, capital gains ...
I'm new to real-estate investing and I'm trying to understand the difference between the different forms of investing
I want to play this RE game for the long-term and have the portfolio benefit from appreciation, de...
Hello all,
I'm talking with a seller who is fairly motivated as she is quite elderly (even has a great great grandson). She owns a few properties, each worth about $100,000 and is thinking of selling them. Sh...
Earnings too high to claim passive losses?
so what happens if you have lots of passive losses on real estate - but your active income is over 150k? is there a way to still claim those loses if you are a full time emp...
Hi there!Scenario: My husband and I have been renting out or old primary residence in the Tacoma, WA area and plan to sell next spring if the market is as good as it currently is. Based on comparable sales, we should...
Hello Investors!! First I want to wish everyone a merry chrismas and happy new year. I wanted to start a discussion about where you feel real estate prices are headed in 2019 in South Bend? What are you plans for inve...
Hi BP community! I'm looking for professional advice from an accountant or tax specialist on how to minimize capital gains tax on a somewhat complicated triplex deal that I purchased 2 years ago in Windsor, Ontario. H...