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...
Hi all,I’ve just recently discovered BP and I’ve been pleasantly surprised at the wealth of information available and the number of people who are so willing to help. Hopefully I can tap into this knowledge pool with ...
Hi all,I’ve just recently discovered BP and I’ve been pleasantly surprised at the wealth of information available and the number of people who are so willing to help. Hopefully I can tap into this knowledge pool with ...
I am curious what vehicles are being used to not pay capital gains tax.
Situation.. flipped house with LLC, will have six figures at closing in a couple months. Will I be relying solely on the expenses I can run t...
I am selling my residential investment property. It is debt-free. I want to exchange into a management-free investment. If I buy property which is leveraged, will there be a consequence in a future 1031 exchange?For ...
Are there any big tax benefits to using the BRRRR Strategy? Are any of the expenses accumulated while fixing up the house tax-deductible?
I’m in process of selling a investment prop in WA and invest the proceeds in a different state...if I can learn and pros and cons is 1031 for this kind of transaction will be helpful. Any referrals will be greatly app...
Had a discussion with other investors today about 1031 and thought I run it here for opinions. John is an investor in my group.4 years ago, John did a 1031 exchange from a SFR into a MF and took on $1MM debt on a $1.5...
Hello,My name is Viktor and I'm currently living in Brussels, Belgium. I'm looking at purchasing my first single family property and have been following the BP podcast for a couple of weeks (more like binge-listening)...
Since everything is negotiable in RE. What's the best way to address previously unpaid taxes on a property without coming out of pocket? Have you seen banks eat back property taxes on a bank-owned property?