Hey guys,Just thought I'd add some interesting observations from being in the real estate business for 5 years and seeing over 500 transactions. "Boots on the Ground"Why is it so important to have people that you know...
Curious if anyone on the forum has experience with the tax-free sale of a primary residence (up to $250k if single) concurrent with military deployments.
1) As I understand the tax code, if you live in a h...
I purchased a property in California several years ago and lived in it as my primary residence for around 3 years. It is currently rented out and I am thinking about selling next year when my tenants lease is up. Wh...
Short question: Is it possible to refinance a property purchased under 1 LLC, but JV’d with a partnered LLC (not on deed) into a long term mortgage? Purchase a property on hard money with intent to flip. Partnered wi...
I am new to RE investing and I am concerned about how to file for 2013. I will be closing on my first rental property Dec 5. 2013. I will be doing around 7000 $ in "repairs" and "improvements" as well as other as...
Hi BP Family! I wanted to ask how long do I need to wait to apply to buy the next property with a conventional mortgage? Is it 60 or 90 days? I closed on the last property on June 26th. And what if i decide to buy the...
In California, is a Cal HFA loan a good idea? They pay your down payment for you and closing costs and then whenever you sell or refinance the house you pay them back, on the back end. Interest rates can be 0-2% and u...
Bought a house (our first) we’re not happy with and plan to sell before 2 years of ownership. The market is hot so we might make a profit.
How do I calculate the actual capital gains profit?
When I calculate taxes...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $95,000
Cash invested: $63,000
Sale price: $275,000
Older home. Fix and Flip. Full gut to studs. Everything new...
My wife and I welcomed a newborn into the family 3 months ago. We don't "need" to move at the moment but I can see us moving in the next 1-2 years.I like the idea of holding the property though. There has been signi...