How many properties can you buy and sell, assuming holding at least a year, to maintain investor status (cap gain 15%) and not dealer (pay tax at higher rate)?
Hello everyone,
I am new to BP and the world of note investing, I've read loads of postings here on BP (which is just mind blowing the level of knowledge/experience) and have loads more to go which just wets ...
Hi Everyone
I'm 20 yrs old and just finished attending my first REI seminar today and plan to start investing ASAP. Because it was a cheap basics seminar, A LOT of info was thrown at me. Among all the info, the instr...
Dear BP Community, I am actively looking to purchase both units of a duplex, live in one unit and lease one unit (house hack). I found a property that I’m considering making an offer on, and I’m analyzing different ...
Hi All,
Quick backstory: I'm currently in the process of learning/preparing to be a buy and hold rental property investor. I've been reading, saving money to invest, etc, and had the goal of obtaining my first invest...
Hi All, Just wanted to post my experience with BRRRR method. I invested in Lansing, MI. I am originally from Grand Rapids, MI and currently live out of state in MN. Below is my 2019 experience jumping into real estate...
Any advice out there on the best way to pull away from the full time job and make landlording the main gig. special formulas , cash flow, separate income accounts. My biggest concern is that once I leave my full tim...
My plan is to buy an undervalued MUP with an FHA loan, fix it up, rent out the other units while I live in one, then refinance it and use the year I’m required to live in the property to build up my down payment on th...