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Hello everyone, would appreciate an advice on how to move forward with a property.
Property info:
List Price: $360k
Type: Single Family 2BR 2.5BA (there is an additional office room 12’x14’)
Size: 2500 sqft
Fin...
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Investment Info:
Single-family residence fix & flip investment in Shelby.
Purchase price: $290,000
Cash invested: $70,000
Sale price: $364,000
This was our first Flip property, didn't really ...
Hello all,My name is David and I am a Biology Major college student and new Bigger Pockets member from Georgia but currently attending school at Elon University in North Carolina. I am passionate about the world of re...
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Hey BP,I am looking for an opinion on my potential strategy to get started in REI.This strategy would include a direct mail campaign where I would target property owners with 100% equity in residential multi-family pr...
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Investors,I was reading about these new Opportunity Zones that are being established as part of the Tax Cut and Jobs Acts. I wanted to start a thread that starts the speculation of potential investment opporunity poss...
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I am curious about what the concensus is when discussing depreciation on a larger 100+ unit multifamily complex with LP investors? If you have a property that is producing $500K in positive cash flow (income after deb...
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Hi all,I am currently in the process of selling a vacant lot owned by my LLC in Washington state. I have owned the property for about 2 years and will only make about $8k, but I was wondering if there is a way to avoi...
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I'm looking for a a calculator, app, or spreadsheet that can be used to compare whether or not it's worth holding a property for a year to reduced Cap. gains tax or to sell. In brainstorming, I thought it would need...
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I currently have a home that I am selling under land contract which has about a year and a half left on the contract. Once the home is purchased I will have about $40k profit.
I know that I could use the 1031 exchang...
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I am selling my house awhich was my primary residence. I moved out last year and began renting it out. I understand that I can take up to 250,000 tax exemption if I am single or a 500,000 tax exemption if I am marr...