Phil Leighton
First Home Flip Ready!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $212,000
Cash invested: $13,000
Sale price: $275,000
First flip bought in May of 2018, this was a lived in flip...
David Repinski
Failed mortgage on rental property(IRS expenses?)
In May of this year I had a failed attempt at securing financing for a mortgage on a rental property. I ended up paying cash and then refinancing two months later. The question is about the cost of the failed mortgage...
Alex SImon
Any way to get around FHA owner occupancy restrictions?
I'm new around here and if you've taken notice of me over the past few days, you'll see that I tend to post some newbie questions. This time I've been able to do a little homework and my question is a little less obt...
Stetson Blake
Newbie in Cincinnati, Ohio
Hey all! Glad to be in this community and looks like lots of great information. I've read through some of the beginner guides on here. I'm currently working in tech and make a decent salary with money leftover to inve...
Gaurav Vedi
How to create LLC/Scorp structure for Rental properties
Hello all,I have multiple rental properties but haven't created any LLC structure. Now that I have read multiple posts and received recommendations from others and read BiggerPockets threads, I am inclined to create E...
Daniel Black
Capital Gains Tax Inquiry
Hi everyone,
I am very new to real estate, in fact, I haven't even begun yet. I have been a BiggerPockets fan for years! I listen to the podcast and attend the weekly webinars in order to learn as much as possible.
...
Caleb Dryden
Should I put my rental (plan to sell) in an LLC to avoid C-gains?
Here's the scenario...My wife and I lived in this house for 4 years, rented it out the last 4 and are thinking about selling it. I'm wondering if there are any advantages to putting in an LLC right before I sell it in...
Dan Stelmach
Capital Gains - Best ways to reduce
Hi There,
This is my first post so thank you to anyone that can provide feedback!
I recently bought my first residential property (a condo) in the burbs just north of Chicago. I bought it off market at a great dea...
Brittany Murray
Wholesalers 1031 Tax Exchange
Ive been curious about this topic and ive done some research but only came up with more questions. Is a wholesaler able to file a 1031 tax exchange if they used the money they made on each deal for investment prope...
Daniel Brandt
Tax-Minded Creative Financing
I have a decent amount of money currently invested in the stock market. I would like to use some of that to either pay cash for a second rental property, or use as collateral on a loan that will reduce my down paymen...