Hi all!Flipping houses can be profitable, but it's essential to understand the tax implications:1. Ordinary Income: Profits from flips are typically considered ordinary income, not capital gains.2. Self-Employment Tax...

I purchased this duplex back last year, which had both units on long term leases.  So to this point, I haven't done much to the property.  Now one of the tenants has vacated from the 1000 SqFt, 2bed, 2bath unit.  The ...

Basically what I want to find out is a comparison of a real estate investment versus what returns I could get in another investment vehicle (like the stock market).  Please help me think through this hypothetical exam...

What's up BP community I had a question for anyone that has investments in the area of Akron Oh. I recently started looking back to this city as a place to start investing after reading the most current market analysi...

Hey everyone. Love the BiggerPockets community and looking for advice with a negative cash flowing rental. I’ll get right too it:I bought a condo for a place to live and received a new home buyer grant. 200k - 10k g...

Hi everyone! We need help with making a decision with our current property.We recently bought our home back in November 2022, and due to a death in the family we are going to have to move out of state (not too far tho...

Hello, Real Estate Enthusiasts!
I'm at an exciting juncture in my journey towards becoming a real estate professional. While I'm all in on this new career path, there are a few things I'm still trying to figure out. ...

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...

Hello Fellow BP’ers I have a question that I’m sure someone can shed some light on. I’m in the process of selling a home that my ex-in-laws purchased.....I did all of the rehab and put all of my own money into the fli...

I have some questions that I hope the BP community can answer for me. My elderly father has just moved into in a retirement home. He is weighing the pros and cons of selling versus renting out his home in the GTA. He ...