What's up BP? So I have been a member for a while but really hesitant to take the leap and I am finally there. I will be relocating to the Raleigh Durham NC area this summer and am searching for a multifamily(duplex t...

Hello everyone,I am thinking about doing a flip but had a few questions on possible exit strategies if we end up getting "stuck" with the flip longer than we thought.1) How long to do budget to sell the house? So afte...

the first house I bought , lived in it for 10 years , rented it for 23 years . Now the long term tenants asked me to sell it .  its in a upper B neighborhood , good schools ,house needs updating . Paid $ 51 K back in ...

I have a property I’m thinking could be a good flip opportunity in a growing neighborhood. $360 purchase price, potential rent of $4000 total, estimated monthly expenses $1800. Property listed below:https://www.zillow...

hi guys, do I pay states on house flips????

Looking to purchase my first property for STR and looking at an existing STR business.The seller is asking for 100k on top of the asking price for basically the right to continue using the property as a STR as well as...

I AM Buying the property and aLSO the name of the LLC . Is there a way that I can help the seller not pay taxes on the property that there selling and put it all on me since I'm taking over the llc. It's a way that I ...

I own a rental property. Over time, I have purchased various items for the rental property and taken tax deductions when I did so. For example, I purchased a lawn mower for the rental that tenants cut with. I have pur...

So.  I am starting out, working on a deal right now where I will partner as a JV on a SFH with an experienced investor.  At the end of any flips we do, I will get a check and a 1099 at year end...What I want to know i...

Hello all,I have a dilemma involving tax issues on a property I own.In 2010, I purchased a single family residential property. It was purchased by my (solely owned and managed, I have no other employees or officers) T...