Jefferson Mcvicker
House flip capital gains
I’m planning on to flip a house later this year. When I profit from a flip I know I have to pay the capital gains, is the tax paid at closing? Or do I pay the capital gains when I do my taxes next year?
Menyy M Mosii
Need SERIOUS Help! HiGH EQUiTY Opportunity. To Buy Or Wholesale?
Grandpa Died 2018 Left This Really Beat Up Brownstone To My Mom & His Sister. The(Pre Covid-19) ARV=$2.6-3M. My Problem Is They Are Both Financially Illiterate & Extremely Stubborn. The House Is In Terrible Sh...
Forrest Bassett
Portable Tenant Screening options
I am curious if anyone can help me with a resource that provides Portable Tenant Screening reports! I am a landlord and property manager... I think these reports could be great! Where does a Tenant get an Approved Por...
Karen F.
Recommend inexpensive but good 1031 exchange company?
Planning on doing our first 1031 exchange. Can anyone recommend an inexpensive company that will do it correctly? We are in CT, but I think that the company can be anywhere in the country. It's a very simple exchan...
Chad Heaton
Trademark - Happy Birthday
Hello AllThis is sort of a Question and FYI...We got a demand letter to stop using the following phrase on/in ANY content:"we buy houses" (within quotes)within the next 7 days or face legal action from the folks over ...
Chad Kinsley
Branson, Missouri & Dubuque, Iowa
I am currently in the BPs STR course and getting pretty amped up about starting one after they teach me all the ins & outs of the business. I am looking at starting a STR in either the Branson, Missouri and/or Dub...
Kevin Colwell
Application Fee
Hello Forum,
These questions are directed to the landlords that charge an application fee. I think that this would be a good way to cover the fee's associated with the credit check and criminal background check. Being...
Account Closed
Should I use my school loan for my investment property down payment ?
So i am defiantly going to house hack my first property, I want get and fha loan and buy a 4 plex. However i don’t have all the money for it rn. I just got my re license and will begin working soon, the money i would...
Daniel Forero Pineda
New Member Introduction
Hi,I live in Buchanan (Westchester County, NY), and am a recent graduate of Manhattan College working in NYC as an engineer.These past few months I have been absorbing as much RE knowledge as possible through books, p...
Steve S.
At what rate should I borrow money from a friend for downpayment?
THis would be on a rental. A colleague of mine and I are always talking about investment options, etc. We've both been smart with our money and are looking to scale. I brought a deal to the table in which we could ...