![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2733001/small_1694688504-avatar-amandag199.jpg?twic=v1/output=image&v=2)
Scenario:Single-family home purchased for 49K. Rehab: 25kIf we sell for 95k and want to 1031 exchange does the next property have to be more than selling price or does it simply have to be more than original purchase...
Hey guys quick question i may be having a blonde moment but.. I'm starting my investing journey by purchasing an LLC in which my hopes are to assign it to an end buyer through bank foreclosures. My first question is, ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/982659/small_1621506794-avatar-alfredl9.jpg?twic=v1/output=image&v=2)
I'm in contract on a SFH and would like to use cash from the sale of inherited personal property and the sale of some of my own property (gold and silver and other collectibles). If I receive cash for this and deposi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1753870/small_1621515269-avatar-daniels858.jpg?twic=v1/output=image&v=2)
Hi all,I've been all over these forum posts trying to find this answer and I keep going back and forth on whether it can or can't be done, so decided to reach out to some of you experts here.I'm trying to figure out i...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1105176/small_1621508957-avatar-stevenn47.jpg?twic=v1/output=image&v=2)
Okay so I’m pretty new to development, and the most confusing part to me is the taxes, capital gains subject.Is building and selling 2 family condos considered under capital gains tax? How does the process work with b...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/235311/small_1627095352-avatar-re3irth.jpg?twic=v1/output=image&v=2)
Would you spend $15K on renovations to get a $305/mo. increase in rent?Let's assume that the renovations will cost $15K exactly and the rent increase is accurate.I have two condos on Oahu, Hawaii that have been produc...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/964994/small_1695227940-avatar-mikek182.jpg?twic=v1/output=image&v=2)
I am selling a rental house I have owned since 2006. It has been a rental since 2012 and I was just notified the tenant will be moving out March 31.
So, I have a couple questions:
Should I talk to an accountant or h...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2466248/small_1694566374-avatar-shireeny.jpg?twic=v1/output=image&v=2)
I sold my primary residence/investment triplex last August 2022 and purchased a property through a 1031 exchange. I used $250k (personal exemption for the primary residence portion of the sale) and then $250k (in the...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/467251/small_1621477960-avatar-ians19.jpg?twic=v1/output=image&v=2)
Let's say you made a couple hundred thousand in net taxable income from house flipping and you're holding some of that cash through the end of the year until you find another property, so 1031 is off the table. Other...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1912523/small_1621516638-avatar-nickg0115.jpg?twic=v1/output=image&v=2)
Hello,I was wondering if there are any templates (or common necessary questions) out there for interviewing agents/accountants/maintenance people? I see lots of advice on finding people that align with your beliefs/me...