Evan Scott
Capital Gains Taxes
I bought a 3 flat in December of 2012. I have lived in it since that date. I am looking to sell my place at a profit of ~$150,000. I technically will have had it as my primary residence in 2013 & 2014, but it h...
Eyal B.
false fraud accusation - Section 8 pulling voucher on my tenant
I'm looking to help protect my tenant.
Section 8 sent a notice that they'll be pulling the tenants voucher and permanently terminating her section 8 eligibility effective 7-31-14. The allegations are suspic...
Lyndsey Whiteaker
Flipping my first home
Extremely new into flipping. I have finally secured a career ( insurance agency owner) that will allow me to have some free cash to throw into the market in St.louis. My goal is to flip a bunch of properties to get en...
Account Closed
Change in capital gains tax
Haven't heard much about the change in capital gains tax. Will it affect income property, or just owner occupied?
If Cap Gains on income property is eliminated, does that mean I would not have to pay tax on the sale ...
Charlton Thiede
Arkansas Investor Just Starting
Hello BP community. My name is Charlton. My wife, I and our newborn daughter live in central Arkansas where I work as a full time Mental Health Therapist. We are a one income family looking to increase our cash flow a...
Rising Tide
Upside down on a lot
I'll make this as brief as possible. I purchased a waterfront investment lot for $300,000 in 2006. It was part of a 1031 exchange. It is now worth $90,000. There are plenty of comps and the bank's appraisal was $90...
John Paul Schreiner
Turing around a family owned RV/Mobile Home Park
My grandfather has owned a small mobile home park since the 50’s. It is failing along with his health. He has 13 metered pads with 8 currently being rented at $300 per month. He also has enough undeveloped land on the...
Amrit Saboo
Newbie Investor - 2 doors in 2020
I am a newbie investor from NJ. I set my goal in 2020 to have 2 doors. I did achieve the goal, but I took the risk of moving forward with condos instead of SFR or multi-family. With full time W2 job, I wanted to inve...
Leo Popescu
Are Americans really looking to move to Canada post election?
Hello Awesome BP Community,I am trying to get a first hand, clearer picture from this knowledgeable group regarding the what I consider overblown news following the US election in that many Americans are looking to mo...
Rod Mendoza
Seeking feedback on offer strategy for Seller-Financing deal
I am looking to add to my portfolio and have identified a person who owns two properties, free and clear. They’re both rentals (occupied) and in poor shape. The owner is older, very busy and has other projects on the ...