Blake Mgbada
Avoiding Capital Gains Tax
Does this situation sound feasible?Let's say I completed a live-in-flip as a single person. When I sell my house, I have over $300k profit. I have to pay capital gain tax on the $50k surplus. What if I refinanced for ...
Kevin Fletcher
Housing Market Bubble Vs. Inflation
I was doing some reading about the 2008 bubble burst of the real estate market in the book "The AfterShock Investor" by David Wiedmer. He explains the cause of the crash, which we should all know about anyway, but...
Tyler Jorgensen
Realistic expectation of financing as single income with kids
Current situation: Family of 4, single income, military 45k salary. I have little extra to put toward a house after putting away from savings and daily life. Bought first home in the last 2 years so not a lot of equit...
Michael Pace
New to Investing, advice?
Hi Everyone!I am new to bigger pockets and new to investing as well. I have been extremely interested in RE investing for a little while now and I am now starting to take action to get moving into the right direction....
Pete T.
Selling good CF property
Looking for thoughts on others strategies. I have a SFH, that has been refinanced and allows a larger CF. Now I know I could use the equity to get something much larger, but I there are some benefits to keeping t...
Henry Wedgeworth
New Investor, looking for guidance?
Hello, if its not painfully obvious, this is my first post here. So, my wife and I are in the process of clearing our plate of a small amount of consumer debt and a few other non essential expenses before we start to...
John Barnette
Strategy for high equity position
Was searching through old posts and couldn't seem to land on what I have been thinking about. Sure it is out there. Maybe time for discussion again..Basic strategies for equity appreciation and 1031 trade up. I have...
Earl Salisbury Jr
No rules right? OK how do I get this 1895 Apartment building?
OK so I have never bought a property and there is a 12 unit apartment building for sale nearby($448,000). I have no money saved because I have been paying hard on some old debt. Credit score is 725-ish, yearly incom...
Matthew McNeil
Change.org petition to cancel mortgage payments gaining traction
Several new petitions are being initiated state-by-state. Common wording being used; "This will allow citizens to stay home from work without the added concern of losing their housing and limit the spread of the virus...
CL Ziegler
Better to pay off loans, or keep a permanent note?
Hi everyone…
I see people on the boards here speaking about paying off mortgages on their rental units, as if that is a desirable goal. What do you think?
My first influence in pondering owning rentals ...