Is there any way to avoid paying personal income tax when flipping a house?Could you hold it for longer than 365 days and only be subject to longterm capital gains tax?Alternatively, could you fix it up and call it yo...
I'm about to rent a house to a friend of mine and while I don't have an apprehensions about it (or rather him). I know the practice is fraught with issues and ruined friendships. I'll document everything per my usual ...
Hi I'm Osama and I live in Italy. I'm getting educated into real estate but here in italy there are only sites which include just images and square foot. I need to get all the others information but I'm 18 years old a...
Hi BP,With my business partners in Charlotte, NC we have had some success fixing and flipping homes, buying rentals, and were starting our first 2 new construction homes. With growth in this industry, as many know, fi...
Hi allMoving out of my house-hack and hope to rent my home this summer.Tried to be proactive and demonstrate responsible communication with my lender ( US Bank) to see if I could quitclaim my deed into LLC in my own n...
Besides Loopnet for commercial listings, can anyone suggest a site where I can find multi family listings ? Both 2-4 units and 5+. Zillow doesn’t have the multi family option. A lot of agents I come across are not res...
I want to ask if any lenders require one to obtain a college degree in order to receive a loan to invest. I don't have any debt whatsoever, but judging from what many of what non liberal successful people have sci...
Okay, so I am running into an issue right now. I have plenty of money to buy a home but it's locked up in a 401k with an employer I don't work with.
I want to find a way to not have loose 40% for taking it out before...
Need help in making a critical decision. This is a little lengthy of an issue for me, but I’ll try to keep it short while still giving you the proper details.
I currently own a home in AZ that I am renting out and h...
Good morning BP!
I had the opportunity, when I first started wholesaling, to quit my job on the back of my first deal which netted me 8 month’s salary. That was plenty, and was able to close another deal immediately ...