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How do capital gains get calculated in California?
we are selling a property (rental for past 7 years) and need some guidance on how to calculate Capital gain and depreciation. Property was purchased for 210.000+closing costs (about 3.000) in 2001. In 2011 it was conv...
Garrett Christensen
How much to set aside for Maintenance and Cap Ex?
Hi All,I've been investing for a few years now and when I'm running numbers I always set aside a percentage of the rent for maintenance and cap ex. I adjust this number slightly based on the condition of the property,...
Edward Adams
How to Find First Lien payoff amount when you buy second lien
i recently bought a HOA foreclosure house at auction that had first mortgage lien on it. i did some calculation to figure out the first lien balance but at the end i was so wrong, the amount was twice. is there a way ...
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This is Where Millennials are Buying - Map Included
Inquiring Minds Wanted to know - So I asked the Question. Where are Millennials Buying? Click on Map.http://www.zerohedge.com/news/2017-12-15/map-shows...Our viz takes millennial homeownership data from Abodo and maps...
Joseph Mulero
First House hack at 29 years old and looking to further my investments
Hello All!I am new to the real estate game. I have been tapped into bigger pockets for three years prior to my 4 plex purchase. I am house hacking paying about 500 to cover mortgage. I do work a full time Job in bl...
Chris Low
Getting comps on multi-families to see if BRRRR will work?
Like many people, we're intrigued by the BRRRR strategy because it combines the best of both worlds: accumulating buy-and-hold properties but not tying up all our capital. But our preference for buy-and-hold propertie...
Josiah Richard
Found 2% rule triplex and multi family.
So the reason for this post is going to be as clear as possible. I have been doing the math, using the BP calculators and found two properties that are 2% or just under. The one I like best should cash flow about 288 ...
Patty Gonzalez
out of state investing-how do I get someone to check it out?
Hi Bigger Pockets Community! I purchased a tax lien on a property around May of last year and tried to foreclose to collect but the owner filed bankruptcy. The bankruptcy protection has ended and now I have to pay t...
Matt N.
Cash out refi - interest tracing rules
Hi! I was reading about the interest tracing rules and it seems like if I do a cash out refi (even on a primary residence) and then put that cash in a separate investment banking account, I can begin writing off inter...
Gangadhar Uppalapati
Newbie investor from Charlotte, NC
1st of all my Heartfelt Thanks to Josh, Brandon & team for making this wonderful social n/w accessible to all. Great job guys, keep rocking!!Hi all BPians there, it's great to have an opportunity to connect to ...