Hello!
I own and operate a full time short term rental. We added a pool to the home last year. When doing taxes it separates the assets, property & the new land improvement (pool). My question is, we would like t...
I bought a commercial property some six months ago in a 1031 exchange. Now, there is a good demand for the commercial property and I might be able to sell it for a pretty premium. The idea is to sell it and move the m...
Morning BP Fam! I am working through my first subject two deal and one objection that I've not seen covered is how the proceeds to the seller / homeowner are taxed. My assumption is that since the deed of a property i...
Does a borrower have a capital gain tax burden as a result of a short sale?
I’m selling my California rental property and need some ideas on where to deploy my money. My place is worth $425k and I have a $72k mortgage. After realtor fees etc I should probably wind up with about $310-$320k c...
Looking to MTR our STR for the winter. Besides Furnished Finder, what are the other websites worth posting on for mid-term rentals? Any help and information is appreciated.
For experienced flippers, what do you consider to be your acceptable profit margin?
Hello BP Fam,One of my SFH caught on fire and I'm in the process of selling it to a contractor. Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fir...
I just bought a 4 unit and plan on saving enough for my 2nd one later this year but I want to start flipping in the next month or two. If I'm unable to find investors can I get a business loan from the back if I have ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $215,000
Cash invested: $50,000
Sale price: $349,999
My wife and I purchased the home from a friend whose demen...