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...
Eileen L.
Termites Inspection Report
I’m currently in escrow to buy a home I will be living in. The termite inspection came back and there’s termite damage and a presence of the following:
- Subterranean termites
- Drywood termites
- Dryrot/fungus da...
John Osborne
Buying a house with a well on dirt road
I’m buying a house on a dirt road. The road is getting pave with asphalt and the house is on a well. Will this effect the water quality?
David Simard
Tenant keeps calling when she sees a bug what should we do?
Hi, as the title mentions we got a new tenant and a month ago and she saw a Silverfish bug once and asked us to get an exterminator. We kindly replied that these bugs are harmless and that if she saw one it’s not that...
Soumya Brijesh
Opportunity Zone V/S 1031 Exchange
Hello All, I came across Opportunity Zone topic while chatting with someone and wanted your thoughts on it. Here is my situation, I am selling a (Multifamily) property in Ohio to bring my next investment(Multifamily a...
Account Closed
Newbie Stupid Tax - How Much Does It Cost? How Much Will You Pay?
We were all newbies at one point. I, even I, made some Grand Stupid Mistakes (early on ;-). I wouldn't be able to add up how much "Stupid Tax" I paid getting my real estate investing career underway. Granted, we all s...
N/A N/A
How much to rehab before renting the house out
I was thinking of moving into a livable house that needed updating and minor repairs, living there for 2 yrs then renting it out. Since renters don't take as much care of the rented property, how much rehabbing should...
Brett Laycock
Halfway house for recovery
I have a 28 unit property in Phoenix (for sale on BP). I was contacted by a company that runs halfway houses for recovery about leasing the entire property. This idea grabbed my attention. I'm looking for anyone that ...
Jeremy Harris
Solid property, Good location, but Roaches
I found a solid 2 flat in a good area on the south side of Chicago. The location is on a block with majority single family homes and close to transportation. Needs a little TLC but nothing major....well structurally...
Jared Garfield
Big Deals Can Exit The Rat Race!
Investment Info:
Other commercial investment investment in Falcon.
Purchase price: $3,000,000
Cash invested: $1,000,000
Colorado Springs is one of the hottest housing markets in the United States. Ho...