Hi BP, I am trying to work out a seller finance deal with my neighbor who is 100 years old. The property is a duplex, and he plans to give all the proceeds from the sell to his daughter. Her plan is to get the absolut...
TAX QUESTION!I am partnering with an individual to do a live in flip. I would live in the house for at least 2 years (to avoid capital gains tax) before selling. My partner would not be living in the house. Will he al...
At what point is it determined, in the eyes of the IRS, how to tax a flip? For example, if we buy a property with or without the intent of renting it out, and after rehab we place a tenant in the unit, can we sell it ...
YouTube sensation alert!
On today’s show, Brandon and David sit down with real estate investor and agent Kevin Paffrath of “Meet Kevin” on YouTube.
Kevin is young and doing great with real estate from several an...
Long time reader, first time poster.
I am a novice investor in the Philadelphia market. I bought my primary residence at a great price in Dec 2015. It’s appreciated about $120-140k. I owe $256k, the property is wo...
Hi everyone, I've been trying to puzzle through the tax situation for passive investors and thought I'd ask you all for help.
It seems like the main incentives are depreciation and capital gains. An LP using depreci...
Hi all, I am still fairly fresh and new to BP....but have searched for this answer and have not found it yet. This question is for anyone that has been a syndicate investor. It seems most syndicates have plans for s...
Hello,
I just sold our first property, it was a rental and I was fixing it to rent it out but I receive a good offer and couldn’t refuse it. Now I don’t know what to do next, I was planning on buying rental propertie...
OK all, first time poster here and am looking for some insight. I'm pretty newish to the rental property game (literally only 50% through with the Book On Rental Property investing) I say newish because I have been re...