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Results (10000)
Walter Thompson 70% rule?
7 April 2014 | 6 replies

hi BP

I've been trying to wholesale homes in the state of NJ (not as easy it looks but I knew that, nothing is easy when it comes to make a life for yourself.) I was wondering do you guys use the 70% rule for...

Ben Higginbotham Capital Gains tax on Former rental then Primary
3 July 2017 | 2 replies

So here is the situation. My wife and I have just sold a property that we have held since 2009, from the time of purchous till May 2016 it was an occupied rental, from may till October of that year it was vacant as I ...

Aaron Cunningham Spread the Net Wide!!!
23 January 2014 | 1 reply

In the last 11 years of flipping properties and training new investors in the Pacific Northwest Markets (Seattle, Tacoma, Spokane, and N. Idaho), I have noticed an interesting investor trend. The trend that I am th...

Terry Harris Home flipping in Chicago
22 March 2020 | 4 replies

Would you use the 70% rule as a guideline for a state like Chicago (downtown) A area. Or would the percentage be a bit higher.

Tyonna Walker New Virtual Wholesaler in Baltimore Maryland
26 February 2021 | 5 replies

Hello!
I am new to virtual wholesaling. I have decided to virtual wholesale in Baltimore, Maryland. I was wondering what are the best zip codes for wholesaling in Baltimore? 
Also, what are some your best practices ...

Jason Chan Rental unit [SFH] quick n dirty comps, metrics, ratios? IRR? RoE?
6 June 2018 | 0 replies

Hi - i'd be interested to hear what are the common/useful metrics to compare rental potential for SFHs...I've seen the 1% of home value as a rule of thumb but what others would be considered useful? (don't think any o...

Brittany Fife Taxes
13 October 2016 | 3 replies

I am new to the multi family investing business. I was wondering how much cash should I put aside for taxes? We don't have a state tax so should I save 20% for federal taxes?

Brook W. Buying Property This Year, Selling Stocks for Down Payment Next Year?
4 October 2013 | 4 replies

I am seeking any ideas for how to defer my tax liability for selling stocks in order to make a down payment. I have found a property that looks good and I would like to buy.

I have already sold stocks for the...

Jephte Augustin Short-term rental tax deductions and their impact on W-2 income
22 April 2023 | 4 replies

I'm in the process of converting my garage to rent out as a short-term rental.I want to know if I decided to take advantage of the deduction to offset my w-2 taxes, whether I would get a refund from the IRS.ExampleAss...

Matthew Holman Line of credit
16 November 2022 | 6 replies

How does a line of credit work?