I have a tax basis of $150,000 on a rental property that I am selling. I am under contract to sell the property for $215,000, of which after closing, I will realized $200,000.  I have no debt on the property, I own i...

Soooo…here is my dilemma…should I stay living in an apartment while I accumulate rental properties so that I free up my debt ratio…for even more income properties?…or should I buy a home to live in and just accumul...

I'm new to this forum (and Biller Pockets) but not new to renting properties. I've never had more than 1 at a time but haven't really leaned in to make it a primary business for a way to eventually replace my current ...

Hello biggerpockets forum! I hope you all give me bigger pockets!

My name is Ryan and I am 29 years old and living with my girlfriend in Tampa Florida and within a month moving to Charleston, SC to start a n...

I want to take $100k of my money to start getting into real estate investing. The goal is long term, to accumulate a few properties, have tenants pay the mortgage, and eventually sell for a good profit (5-10 years)

H...

My W2 income over the next 3 years is going to be significantly higher than normal.  Is there any way to avoid paying a high personal income tax rate on this income?  I understand that if I am a "Real Estate Professio...

I am trying to decide whether to do a 1031 Exchange or to sell an investment property outright.  I have suspended loss carryover associated with the property.  I often see general guidance such as follows:  "If you ha...

Hello!As of November 2016 my electrical company was doing well so I quit my W2 job to work for myself. At the time I was working for someone else, I was growing my company on the side,and accumulating a few months of ...

I own a 2 flat brick building in Chicago. Over the years some brick cracks and other outside work has accumulated. Some concrete areas around the building need to  be fixed. I would guesstimate 20-40k in repairs.  I h...

Hello! Wanted some opinions on the best way to use the equity that has accumulated for RE growth, i have about 400K in equity and want to buy more RE for cash flow. Should i cash out refi? My mortgage payment will inc...