Hey folks, I am hoping to get some thoughts on if I should I sell my investment property or hold on to it.I purchased the SFR in January of 2015 for $252.5K. In August 2017, it appraised for $316K. Due to the age, are...
I'd love of explanation of what this is. I may be in position to investigate this opportunity and would appreciate some info from folks that have actually been involved in it. Can it be a win-win-win for everyone and ...
I'm interested in bidding for a home at auction. There are two mortgages on the same property going to auction within 3 weeks of each other. The first mortgage that is going to auction is a secondary mortgage. If I ...
I am in the process of putting together a 4 plex project in which my company will be building. The goal is to have between 25-30% equity in the project when all said and done. I then plan on adding this property to my...
Guys,
I have been thinking about taxes lately and have come to realize that they will hit me very hard if I do not proactively find a solution. I trade the markets with with few expenses to deduct and will be in the ...
Hey all, Looking for some help. This is my first property, and i am having a hard time understanding the numbers. Reo for 218kI want to offer 170k, this is a 203k with estimated 50k in repairs. i am asking seller (ba...
I have a one family house renting out the top living in the basement. My CPA says when I file I should not file showing the rental income because if I want to sell then I will not get the 250,000 tax free allowance. I...
Greetings BP Community! Question
Background-
I have recently completed a thorough renovation on a buy/hold property that I acquired Nov12. I have been searching to complete a cash-out refi and take out ...
Hi Everyone,
I'm under contract on a 4BR/2BA home. It's very clear that I'm under contract at market value price. 147,500. However, it will rent for $1,500/month and taxes are dirt cheap.
It is also entirely renovat...
I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...