Spenser Murphy
Taxes and flipping properties
Are there any tax advantages to house flipping like depreciation? Are the profits tax free? I want to get into multifamily rentals. Someone recommended flipping houses to raise capital to purchase the rental propertie...
Paul Z.
Tax question: Canadian living in Canada & earning US income
Hi everyone.I am a Canadian citizen residing in Canada. I have opportunities to earn income from the US, by:- working remotely for a US firm- or owning rental properties in the US.For each case, do I need to file tax ...
Brandon Hanks
HELP NEEDED! Real Estate problem that needs fixing.
To all my BiggerPocket Investors and Professionals, I need feedback ASAP.(SCENARIO)I have owned a house for over 25 years as a primary residence and want to move and get a new house. I was thinking about renting it ou...
Noel R.
Tax savings through neg/break-even invest property?
Payed an arm and a leg in taxes this year (I know not a bad problem to have) and want to reduce the cost next year. If I purchase a property which will break even at best and possibly cost me a bit can I make up the d...
Jesse Fernandez
Question about refinancing with my situation
I am looking to finance my next deal, but don't know which option I should go for...refinance, 1031, HELOC, etcI have a 2 family rental property, purchased for 280k a few years ago current valuation is 610k. Net month...
Gabe H.
1031 / depreciation recapture question
I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...
Anthony Parr
Arguing for Rentals vs Flips
My wife and I started a few companies. The company that she leads is for flips, and the company that I lead is for rentals. We look at properties as a team and evaluate their potential through those two lenses. How...
Lucas Laria
URGENT Keep renting or sell!
Hi everyone,I am new to the forum but have been listening to Bigger Pockets podcast for sometime now. I am currently at a crossroads for selling or renting a single family home I own in Virginia. The house is 5 years ...
James Landsford
Calling it quits and selling out via owner finance… Mistake?
I am new the forum but have used BP for years. I currently own around 30 rentals, all free and clear, in the Houston area. In the past year and a half, I have grown increasingly tired of the in and outs of land lordin...
Rich Barrett
Self-Directed IRA - What happens when you turn 65?
My wife and I are 54yo, with IRAs holding traditional securities, and have previously dismissed the idea of using that money for real-estate investment for various reasons.
However, there is a piece of land that we’...