I am moving out of my current residence and plan on turning it into a rental. From what I can tell if I sell the house within 3 years after moving out, I will not have to pay capital gains tax. The rule is if you...
I am analysing the Buffalo, NY market and would like your opinion on whether you think it is an attractive market or not - and why!The facts are:Annual forecasted % change from 2017-21:GDP 1.6%Employment 0.4%Unemploym...
I am considering the possibility of leaving my W-2 job by Dec. I am in the beginning stages of planning what this will look like and if it is possible. Fears that come up for me are 1. Medical insurance 2. Taxes 3. Se...
I am trying to analyze whether to purchase an investment rental property in a SFH/MFH on a turnkey basis or via a real estate syndication. Can someone help understand pros and cons from the tax perspective for the sa...
I'm hoping I might be able to get some help analyzing a 4plex property I'm considering. This would be my first real estate purchase ever.
The property is vacant, its bank owned and on the market for 180k (...
Do you account for tax when you analyze a deal?
Hi All! I am wrapping up tax prep on my extension for 2018. I am thinking creative thoughts about how to handle the real estate flip project that we began in 2018 and completed in 2019. Let me know how you all thin...
Hello everyone, short time lurker, but long-time listener to the BP podcast. Figured I would introduce myself and my situation as a case study to solicit advice. I'm an accidental investor, in the sense that it was ...
Hello !
So I have a question, I listening to Ken Mcelroy and he says: to get a value of a building, take the net operating and divide it with the going capitazilionation rate.
So, on one building here, I ...