Renee H.
A cornucopia of tax questions - please help!
Hello, a little bit of a long post with a couple of tax questions :-) I'm looking for some help as I've become increasingly confused around taxes!Crossing my fingers someone could help me find answers to questions tha...
Richard Fulgium
Wholesaling Bank Owned Properties in Oklahoma
I am new to wholesaling. I just read a thread reference assigning a purchase contract from a REO. Am I correct that the only legal way to do an assignment is via a double closing? Thanks!
James Roux
Settling on debts in collections before investing
Hello guys just need to get some advice as for my route to getting ready for investing in real estate. I feel like it would be a good idea to clear all my personal debt before I even begin. I'm 27 and I had a stude...
Account Closed
Credibility and Age
Hello
I just finished watching the pod cast with Brian Burke and on the pod cast they touched on starting out. They seemed to agree that the "ideal" way to starting out is finding a mentor rather than maxing ...
Justin Polston
Local bar owner looking to sell, tax implications/capital gains amounts if owner lives in property (and has for 40 years)?
Hi all, I listed a local bar/tavern recently and the owner lives in the upstairs and has for quite some town. When the property sells, what are the tax implications for the seller? There are no liens, mortgages, or...
Jason Schmidt
Freddie and Fannie stuff scaring me - what to do?
what does this government bail out mean to us? Should I put a hold on looking at property? Should I stop trying to pay down my house? Should I consider pulling out the 25k+ equity i have in it already? What do you...
Iryna D.
LLC business account for Canadians
Good day Biggerpockets community!We are investors from Canada and just starting out in US market as well. We have registered an LLC in US, and I am looking to open a business account for it (we have an account for per...
John Tucker
Greek Economic Crash- How does that affect us? (Need Answer)
Hey BP!Now given, before you read this, I am no economic genius, and most likely even ignorant as far this goes, but I have some questions. So with that said, here you go.I've been watching and reading lately about Gr...
Benjamin Cowles
I read an investor can lose 50% when selling a property they own
Brandon mentioned in his blog here:http://www.biggerpockets.com/renewsblog/2013/11/05...that if you own a property free and clear you could lose 50%+/- to taxes. He didn't say much more than that but that took me as s...
Matthew Schroeder
Forbes Most Affordable Cities List
Forbes just released its Most Affordable Cities List. Several frequently discussed cities on Bigger Pockets top the list. For those who cannot wait to see who is #1, it is Birmingham, Alabama! Other select cities w...