Really quick scenario...I have a home we purchased in 2009 for $123K cash, rehabbed it and have been renting since 2010 for $600/mo cash flow. Seller's market in Wenatchee, WA and can list to sell at $250K. My current...
I am selling a rental property in Virginia and am deciding whether to cash out or to defer capital gains of around $220,000. This is the first time selling a rental property where I will have to pay capital gains. I a...
I am about to sell my bar property and will net 200K after smoke clears. What is the wisest thing to do with it? I want to invest in another property but can't decide on what. I have done flips and am 2W-2L(broke even...
Hi All,
Newbie here. 55 yr old planning to retire in 2 years, learning about real estate investing in order to have a source of steady inflation-proof cashflow (in addition to stock dividends) prior to taking social ...
HI All this is my first time posting in the BP forum!
I am moving from my 2-family house to a new single family house in a few months. The house was bought in 2016 for 600K and has appreicated to around 800K (based o...
I have a duplex I am looking to possible do a 1031 in Austin TX. I have also been reading up on the BRRRR method so was also looking into doing a 75% cash out refinance. Here are some numbers below.
Purchased in 20...
Can someone please remind me...I can use 1031 proceeds from one property to acquire 3 new properties? Can any of those new properties have a purchase price less than the property of which the proceeds are from? For ex...
Hi all, I have two properties that were part of a 1031 exchange I completed a few years ago (sold one property, bought two). They are now in an LLC, and I am looking to sell one of those two properties in order to pur...
When you buy an auction, how do you deal with a tenant that has been occupying the property and won't get out? It's different in each state, post here to share your wins, losses, and horror stories!
Hi,Apologies if this question has been asked and answered on another thread. I am thinking of doing a 1031 exchange on an investment property I currently own and then doing a cashout refi on the replacement property ...