Finally, on June 2, I closed escrow on my property purchase in San Diego—a significant investment goal I had been working towards. While this accomplishment is exciting, the process was strenuous and challenging. Toda...
I have been networking and connecting with a lot of people. I am trying to get my wholesale business going and need to market. I want to know if I am going to do yellow letters or bandit signs, should I use my perso...
Hi BP community, I am planning on selling my duplex in Nashville Tn at the end of this year and have a few questions regarding 1031 exchanges. Most of my googling has pointed me to Bigger Pockets, so I figured I'd jus...
I'm about to invest in my first real estate deal. I'll eventually consult with a CPA on tax issues, but thinking ahead about tax issues. I'll invest with my personal funds but will be creating an LLC as a limited part...
I have been looking into Opportunity Zone Funds (OZF) to defer capital gains I made in December (plus make more long term capital gains without paying taxes). I have a decent grasp of how OZF works. What I am trying...
My name is Lou and I am from the small community of Lone Oak , Kentucky. My real estate ambition , since I am entirely new to the industry,is to start from the ground up and learn investing basics . Then, with a go...
Rent house burned down. It was a total lose. Insurance money was paid out and I'm coming out ahead by $40,000. Will I need to pay taxes on the gain next year? If so, is there a way to avoid paying taxes?
Hello, I own a % of a family farm and would like to do a 1031 exchange with my proceeds once the farm has sold. When the property is sold, it will be done in the family name and the proceeds will be distributed to ea...
I'm looking to purchase a rental property and one financing option would be to do a cash-out refinance of my primary home and use those funds to buy the property.In this scenario, can I deduct the mortgage interest on...
I have a deal here in Houston and just need a little guidence on what to do next. I have a verbal commitment from the home owner and feel Fairly confident that the deal will proceed. I just need to know a quick brea...