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Results (1576)
James Kandasamy Tax rate for Flippers and Wholesalers
8 December 2013 | 16 replies

i was told by my mentors that the tax rate is very high for the capital gains for flippers and wholesalers compare to landlord. I understand the landlord part clearly, however does not know how much tax does a flip...

Marcial J.Paredes Please read, need advise
20 July 2009 | 7 replies

According to the laws in AZ, I can only sell 2 MH's p/year without having a dealers license. I spoke to a contact of mine a few weeks ago, who is a salesperson for a local dealer and he mentioned to me that he works...

Kelly P. Buying mobile home in 55+ community -Nate there downsides?
5 August 2013 | 5 replies

I have the opportunity to pick up a doublewide in a really nice 55+ golf community for a great price but I have read that investors should stay away from 55+ communities. Lot rent is $461/month. Can anyone provid...

Account Closed Tenant was Assaulted Outside of House
25 June 2014 | 11 replies

I was hoping y'all could provide some guidance.My tenant has gotten into some run-ins with the neighbor over the past couple of years. He states that the neighbor is a drug dealer and will often pick fights with him f...

Account Closed Live-in house flipping
24 June 2018 | 2 replies

We're selling our home and want to use the cash to invest in a small house to flip. So, if you live in a house for 6 months, fix it up, and sell it- it's my understanding that we will have to pay the short-term capita...

Scott Raynor Inherited tenant with mental illness
18 October 2020 | 3 replies

I’ve my second duplex under contract. When I went to look at the units I discovered one tenant had tin foil all over the windows and walls. I am a former social worker and have sympathy for this individual but this is...

Account Closed Real Estate Professional or Not?
1 December 2014 | 5 replies

Hello,My wife and I finished building our first rental this year and it is in service:)  I am talking with a new cpa about the upcoming tax season and when I brought up the idea of claiming my wife as a real estate pr...

Scott McGuire Syndication Sponsors that Accept Sophisticated Investors?
28 August 2019 | 14 replies

Hi,I'm interested to learn more about if there's any experienced syndicators that Bigger Pockets members could recommend or comment about that accept sophisticated investors instead of only accredited investors? I've ...

Greg DuPan Selling flip in Ohio advice needed
21 March 2016 | 14 replies

Hi all, this is my first post, been reading tons on BP.  I have a couple rentals and decided to do a flip this year.  Its just finishing up (next couple weeks) and one of my tenants approached me about purchasing the ...

Matt Blutowski First deal and tenant is a drug dealer!
1 December 2011 | 28 replies

Sorry, this is complicated, but I want good advise from any/all, so I'm going to include some details.

I closed on my first duplex two weeks ago. The property was fully occupied and according to the previous lease, I...