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Hello BPers. This is my first post. I have been looking tirelessly for good forums with some real life lessons on landlording/property management straight from the trenches, and this has been the best site I've foun...
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Hello people! I was wondering if there are any ways to reduce your hit on capital gains from the sale of a flip. Can you roll profits into a down payment on a new SFR property without getting hit or are there any ot...
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Are there any tax advantages to house flipping like depreciation? Are the profits tax free? I want to get into multifamily rentals. Someone recommended flipping houses to raise capital to purchase the rental propertie...
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I know we are not supposed to solicit help from a professional here, but I am at a loss. Trying to find a wealth advisor who is experienced in all sorts of investments (stocks, real estate, reits, multi family , etc)...
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Hello everyone,
I'm looking for some guidance on my plan to use a Home Equity Line of Credit (HELOC) to fund a fix and flip project. Here's a summary of my financial situation:
**Income:**
- I earn an annual gr...
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Have a friend with a huge capital gains sale in 2012. He has never invested in the market or in any kind of retirement vehicles, only RE. He has an ultra conservative accountant that offers no ideas on how to save on ...
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My husband and I bought a house with cash with the intention to finance it once the rehab is complete and a tenant is placed. This will be the first of many BRRRR deals if we do this right.Currently, all our income is...
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Hello everyone, this is my first post to Bigger Pockets. For the past few months I have been doing nothing but listening to Bigger Pockets podcast while in my car, at the gym, while doing dishes, making dinner, or fal...
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Looking for outside opinions on the best move I should make. I'm 26 just purchased my first home in November of last year. Bought a 5 bedroom 3 bathroom duplex less than 1 mile from new LA Rams stadium. I got a killer...
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I understand this has the potential to be a complex discussion and consulting with my CPA will ultimately be the thing to do, but I am very curious what other's are doing in this space, thus coming the forum. After re...