Neal Collins
Keeping money in my pocket vs. paying the tax man
Is there any way to avoid paying personal income tax when flipping a house?Could you hold it for longer than 365 days and only be subject to longterm capital gains tax?Alternatively, could you fix it up and call it yo...
James Edmister
Hypothetical Tenant Situation
This is one of those questions that popped in my head while I was driving home from work the other day. Here we go.Say I have a tenant that, for the first time, pays rent 1-2 days late. After reading the 'late payment...
Slawek Jakubowski
K-1 loss (box 2) vs capital gain from sale of investment property
Hello everyone,I sold my investment property last year and realized a capital gain. I also invested in a syndication for which I received my first K-1, where box 2 shows a net rental real estate loss. Can I use that ...
Christian Aguirre
Southern California Roll Call (North San Diego County)
Hi all,Just getting done with Craig Curelop’s book on House Hacking. Looking to network with local investors in my area. Last I saw for a SoCal meetup was pre-covid times. So this is probably going to be the best virt...
Carter J.
401k liquidation considerations
Hi all :) I'm considering liquidating my 401k to buy rental properties. I currently have 4 and they're cash flowing quite well.I've been reviewing a few discussions here on BP that discuss the benefits and disadvantag...
Kevin Wang
How to verify income for self-employed? First time landlord needs help!
Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!
Gaurav S.
Can seller backout of contract PLEASE HELP
I am a first time homebuyer in California who has been looking for a home for a year and a half. Never been in escrow before as I was always priced out. But finally got my offer accepted but ran into this issue.
Sell...
Amanda Cates
Taking a tenant to small claims
I have a couple questions about what I can charge the tenant for. As I stated in a previous post I'm still learning because this is my first time dealing with a tenantt leaving me with a mess. Repairs are costing us m...
Chris Simmons
Buy and hold forever or sell after several years?
Hello. My name is Chris and I am an Investor.I am curious about long term strategies. I am a buy and hold investor that is curious about long term strategy regarding holding forever or close to it or selling after ...
Matthew Paul
Even the experienced get burned .
A builder I know thought he got a smokin deal on 8 lots in an expensive area near me . Its an old subdivision so he had to merge 8 lots into 4 . He paid $ 60 thousand for the lots . Which is a great price . Now the ...