Patrick Thomas Dickinson
Avoiding capital gains home sale
HelloAny tax savvy people / cpas out there want to help me out. My moms selling her house in the Bay Area and will have a large amount of capital gains once it is sold, I have a few questions. 1. You pay capital gains...
Vance Wyly
Flood Zone Property?
First time post here. I found 3/2 1,700 sqft foreclosure. Asking price is 60k. Comps are 95-100k in the area. House is in good shape and needs a roof and interior paint. I was moving along and preparing my bid when I ...
John Andrews
Calculating ROI on Primary live in flip, CAPex, Quality of life..
Hello all, I'm looking for advice from people in similar situations... I keep kicking this back and forth... I guess the root of this question deals with measuring ROI on your primary residence (living there long te...
David Harper
My CPA says put the rental under the LLC, lender says in my name?
My lender says I can transfer the title to the LLC after the purchase. Is this complicated and/or costly?
Account Closed
Best duplex\triplex\multi loans?
Hello, im Gabriel from Enfield,CT currently on the search for a duplex/multi around CT or MA as im more familiar with MA. This would be my first purchase/investment with my fiancée..i got pre approved already for fha ...
Ross Shively
1031 exchange then sell to avoid taxes
I have a property that I have had for 10 years. It has increased about 150k in value and I have captured depreciation on it for 8 years. If I pay capital gains on the 150k and the depreciation pay back it will take mo...
Ron Steele
Future of Section 8
Hello
I own a few rental properties in B and C class neighborhoods. I've purchased the properties at low price points so they have minimal debt service. My dilemma is that a good number of them are section 8 renta...
Murray Twyman
Is 2% rule valid
I am new to real estate investing, and I have come across the 2% rule. I understand it is much like a litmus test for cash flow and is simply back of the envelope math. However, it seems there is rarely anything that ...
Gabe G.
multiple applicants. How the heck do you guys decide?
I have 3 applicants so far, that went through the BP screener with transunion. This is for a little lower quality property than my others.
They all arent good, but that's sorta to be expected when people are ...
Symone Gordon
Refinance: Simultaneous conventional and HELOC??
Hi Everyone! I’m looking to refinance my duplex. I’ve got to get this monthlY payment down to create more cash flow - I like the idea of a HELOC - My broker is suggesting I refinance to conventional and take out a HE...