Account Closed
What investments would be profitable for me?
I am currently having to use the strategy of taking out commercial real estate loans (or mortgages) and using personal loans to fund the down payments. I am having trouble finding properties that will rent out for mor...
Bang Tran
2014 tax for flips
Hello everyone, I have a capital gains tax question. I purchased and flipped a house April 2014 and sold it in September for a profit. I turned around and bought another house in December and sold it in January 2015. ...
Kshitiz Srivastava
Taxes on sale of investment property with suspended losses
I am a newbie passive investor and trying to understand tax implications of selling a rental property which has passive suspended losses. I don't have a primary residence (i myself live is an apartment), and recently ...
Aaron Hollingshead
5000 dollar profit on flip and I'm upset!
So, I just closed on the sale of my 4th flip house in the last 2 years and I made 5000 dollars. I was thinking it would be a quick 10-20k profit and after it was all said and done, I find myself reflecting on a few m...
Abraham Lowy
dose the 70 percent role still exists ?
my story begins for about 7 mounts ago when i had 200 k to invest . i was looking for a fix and flip deal so i asked my broker for that, and he brought a deal, claiming that that's should be a...
Jacob Skibbie
Future Veteran/College Student Looking for an Investment
I am new to BiggerPockets and real estate in general. I am currently in the Army and only one year from getting out of my first term. I am planning on going to college after I get out. I will be receiving BAH (housing...
Account Closed
Wholesale vs Buy and Hold
I'm new to BP and this week I've been playing around with the calculators. I was looking for deals in the Houston Texas area, primarily in northwest Harris County ( Cypress, Fairfield, Bear Creek ). I'm looking for de...
Vip Anand
Rental losses for accidental owner
Hello,I bought a new primary last year and rented my earlier home as I am able to cashflow $200 per month (this is thanks to 3% interest rate). If I sold the unit today, I will walk away with $100K in profit after age...
J Corona
Cash out refi rental then sell. Taxes owe?
Cash out refi than Selling: I have a rental property I owe 60k, appraised 220k, I can get 168k cash out and pay off the 60k to have 108k in cash… now if I turn around and sell for 240k. Do I owe taxes on only the diff...
Kyle Scholnick
Crowdsourcing vs Turnkey
What is your opinion on the big crowdsourcing platforms for real estate investing now vs Turnkey? This is not a question about active real estate rentals or flipping or wholesaling, I understand those are better retur...