Hello everyone,
I have a quick question:
What if you are a full time employee (W-2) and have done a couple of flips under an LLC and incur a losses in the current year. Could you deduct those losses against your W-...
Hello everyone,
I have a quick question:
What if you are a full time employee (W-2) and have done a couple of flips under an LLC and incur a losses in the current year. Could you deduct those losses against your W-...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/939527/small_1621505903-avatar-pierina.jpg?twic=v1/output=image&v=2)
Hi guys! I'm just starting out and very excited and motivated! Is there a place online, or in person where I can find how much a property was sold for on auction? I know it was in foreclosure and then on auction.com a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/175121/small_1621421799-avatar-teamofna.jpg?twic=v1/output=image&v=2)
I have a property with a gas fireplace. The fireplace was non functioning when I purchased the property so I had the contractor disconnect the gas to it. When the current tenants moved in, I told them it was disconnec...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2109458/small_1643038312-avatar-vandac1.jpg?twic=v1/output=image&v=2)
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $225,000
Cash invested: $50,000
Sale price: $325,000
Fix and flip
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2462363/small_1653063252-avatar-franka164.jpg?twic=v1/output=image&v=2)
Investment Info:
Single-family residence fix & flip investment in Newton.
Purchase price: $150,000
Cash invested: $100,000
Sale price: $341,000
First Time Flipping a home! Learned a lot about...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/267652/small_1696087690-avatar-chrisk9.jpg?twic=v1/output=image&v=2)
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $120,000
Cash invested: $180,000
Current Flip
How did you finance this deal?
cash
How did you a...