Hardy Davis
401(k) loan for down payment?
Hi BP community. I’m working on a fix and flip deal. I am not very liquid at the moment. I have lots of saving in stocks. I also have the ability to take a $50k loan that would cover my closing costs. It would be 15 y...
Jon Gorham
Texas REI - Property Taxes
Hello BP community,I’m looking into buy & hold properties in the Dallas Ft. Worth area, but I’m concerned about the high property taxes in Texas. Can anyone tell me about the “basic homestead exemption”? I’d like ...
Devin Wells
Property Tax Estimator for Grand Prairie Texas (Near Dallas)
To any residents or investors in Grand Prairie, how accurate would you say this city website Property Tax Estimator tool is? https://www.gptx.org/city-gove...
Thanks!
Hilary Harrison
Tax Rate on ADU when main house in owner occupied - N. Charleston
Hey All!Hoping someone may be able to help me with this question. I'm fairly new to real estate investing and recently bought a house in the Park Circle area of North Charleston. The house has an ADU, and the ADU curr...
John McAuley
Trump Tax Plan - Calling All You Tax Gurus
I haven't seen another post about it so I thought I would start one. I've read the 9 page tax plan summary. Although very vague, it provides a framework for what they are going after and mentions several things I th...
Michele Velazquez
Investing in Multi-family Units In Baltimore?
I have been doing a lot of research on where to buy my first multi- family unit and I found Baltimore interesting. I wanted to know what experience you have had investing there? My goal is cash flow and decent appre...
Christian Marquez
Taxes on profit from flipping houses
How much taxes do I have to pay on the profit I make from flipping a home? I heard I have to pay 25%, which seams very high.
Juan Rosado
Please help me analyze this deal
Greetings everyone.Currently I am analyzing multiple Duplex properties in the Dallas Fort Worth (DFW) area to buy my first deal via FHA loan and house hack it the first year. I have analyzed over 25 deals using the 50...
Sandy Uhlmann
Is there any reasons I should not convert my IRA to a Roth IRA?
I recently rolled a 401K into a SDIRA. At the time, I did not convert it to a ROTH SDIRA. I have purchased approx $25,000 in notes with the money but they have not been worked out yet thus they are still non-perform...
Julio Gonzalez
Is cost segregation really worth it due to recapture?
One of the biggest arguments I see around cost segregation studies is the issue of depreciation recapture upon the sale of the property. Do the benefits of the cost segregation study outweigh the cost of recapture? As...