Muhammad Kashif
Best way to optimize taxes for new construction of investment property (for flip)
I am considering working with a property developer in NJ to buy land, build a duplex/triplex and sell it (6-9 month time horizon). Is there any creative way to avoid/reduce capital gains tax on the sale ? From what I...
Lucas Hammer
If I'm selling my primary residence, how does DTI work?
So my DTI is approaching 50%. If I decide to buy another house while selling mine, will I have to close on my sale before buying for it to not count towards my DTI?
Joe Splitrock
CDC Eviction Moratorium Extended to July 31st
As expected the CDC extended the eviction moratorium a month to July 31st and I suspect they will extend it again in a month. The reason cited is basically that some state governments have been ineffective and distrib...
Jeremy Tillotson
Idea for Industrial Building
I have been thinking about an idea for a while and want to input. As a former contractor I have alot of friends who have small shops. Many of these guys have a garage or several garages to store stuff. Most garages ar...
Jonathan S.
Stuck! Trying to Sell in CA, but CANT because of Tenants!
Hi BP! This is my first post!
I live in Los Angeles and have a rental property 3bd 2 ba SFH that I am trying to sell. The reason I'm selling is the tax benefits.
Purchased for $405K in march 2015, now Z estimate is...
Steven Beckham
Fix and Flip Using Someone Else's Mortgage
I'm looking at doing a fix and flip, but I don't have the funds for the purchase, and the hard money quotes I've been getting are too expensive. The subject property is in livable condition and qualifies for bank fina...
Kenneth Coleman
Should i rent to Section 8 or not?
Is it better to rent to someone with a section 8 voucher or rent to someone without one? Rent would be the same for both.
Shanty Wu
Estimated development cost on 100~ units (800 sq ft each) and land cost?
I am working on developing a 60% Area Medium Income (AMI), all affordable for a residential building. I am sorting out the number of units. I contacted a handful of developers to get development and land costs. I foun...
Joel Duguay
Needing some perspective
I am considering whether to hold or sell MY current home. I purchased at a great time in 2010 in Napa CA for 480k, the home is now valued at over 740k. I bat around the idea of cashing out as we are at or near the to...
Angela Beers
Commercial Space to 8 Unit Multi-Family Projected NOI 118K
4500 sq ft. commercial space recently rezoned for 8 2bd/2bth apartments in a great location with an excellent school district and huge upside! I have been looking at this property for 2 months as it's just sitting va...