Aloha everyone, I'm trying to figure out a capital gains tax question. I have a rental I'm selling to my tenant. I purchased in 2003, lived in it as primary til Oct 2007. My understanding is active duty military has 1...
When your at the point of hiring a property manager to run your apartment complex, what things do they typically NOT DO? In other words, what things would i still be required to do to keep my investment running smooth...
I'm working with a very motivated seller who got embezzled and now has gotten behind on his luxury home payment so now he is in a state of preforeclosure to the point where he has no choice but to sell.
This home ha...
I have a house that used to be my primary residence that has $109k mortgage and $73k home equity loan that I used for stupid stuff as a kid. It would cash flow pretty well if only had the 1st but I have been renting ...
If you are a new investor, make certain that you have a commercial policy specifically for overnight rentals. A standard landlord policy, or homeowners policy, will likely not cover you if you have a claim.
Claims d...
Hello BP,I'm looking for some references in Connecticut, ideally in Central CT/Hartford County area, that can advise me on the tax implications for flipping properties, what to expect and maybe some strategies to prep...
How would I analyze a deal looking at using subject to and a note for the seller, vs just wholesaling the house.
my thoughts so far...
wholesale = $5k (assignment )
Selling L/O = down payment + cash flow spread 1 or...
Hey All! I hope you had a great 4th of July!I'm hoping any of you tax experts can help me out with something...I have a piece of unimproved property under contract right now in TN, for simplicity's sake let's say it ...
Hello community at Bigger Pokets. I am trying to buy 6 parcels five of them are adjacent to one another and one is about a mile apart. There are 15 mobile homes. It’s a mixture of single and double wides from around 1...
Good day, I was approached by somone the other day about renting rooms in Philadlephia. Can someone give me some insight on Room Rentals in the Philadelphia area and what are the current stipulations and does this fo...