Rami Santrisi
Buy & rehab last year, sell this year, what to do for taxes?
Simple answer might be: consult CPA / get one. I'm trying to see if there's a rule of thumb of sorts.I recently rehabbed a home late last year, and spent a lot of money doing it (it exceeds my income from my normal jo...
Matthew Masoud
Why I'm quitting MTR Multifamily for Retail/Industrial
I've been investing in multifamily for 2 years now. I'm up to 40 units. I operate my apartment buildings as mid-term rentals.It's been a nightmare.Returns are amazing but it's a full-time job. Tenants expect hotel-lev...
Clarke Wegener
She's a high wage earner, I'm an investor. Tax issues?
Hello all. I have a question my fiancé and I have been mulling for a few months. We want to get married but neither of us are so enamored with the idea that we're willing to take a huge tax hit over it. But we just ar...
Jay H.
Industrial Revenue Bond Question??
So, I spent the morning with a genius, Investor/Hotelier. During this meeting discussed the use of Industrial Revenue Bonds.
I have placed Industrial Revenue Bonds for local Industrial clients, but never
he...
David Yee
What to consider when selling stock to buy investment property
Hello! I am currently 33 years old and most of my investments are in the S&P 500 as well as other index funds. I am considering selling some of my stock (between $50k and $100k) to put a down payment on a rental p...
Danette C.
Suggestions for "adopted" daughter and her first home/rental
My oldest daughter's best friend (21 y.o.) is researching different types of loans for when it's time to pull the trigger and buy her first place. So here are a couple of questions for those of you willing to give so...
Ivan Lopez
Real estate taxes/capital gains
Good day BP from Clarksville, TN!Apologies for the lengthy intro. We’re about to close on the sale of a house we bought as our primary home 10 years ago. Since I’m active duty military we rented it for almost 7 years ...
Lyle Fugate
Saving for first investment
Hi there,My name is lyle and I am a Baltimore teacher and prospective real estate investor. After months of reading this blog and several bigger pocket books I have paid all my consumer debt off and am currently house...
Kay W.
Do I have to fix it?
I have a question to ask all the landlords out there. I have a tenant who has accumulated a lot of mold on top of the bathroom ceiling. He kept on asking me to repaint the bathroom because it was dirty and it was pe...
Precious Thompson
Equity
Is there any negatives to taking equity out of a property to purscase a new one?