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The first question is what percentage of tax do I pay on a home that I flip within 1 yr?what percentage after the 1st year. I believe that the capital gain tax does not apply on a sale after 2 years at the primary...
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Hi BPers. I am new to the wholesaling game and am still trying to learn all I can. I live in NY so I have to deal directly with attorneys for closings vs title companies so I can't write a contract. My question is if ...
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I have a rental that I'd like to demolish and then build a new house for sale. Can I use 1013 exchange when I see it or not?
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How long do I need to rent out my townhouse in California before I can use it in a 1031 exchange?
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Hi All I signed a purchase contract for a new construction home with a builder few months ago. The price of the same home I am building has gone up by around $150k as per the builder current pricing. If I decide to se...
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I am a first time home buyer living in New Jersey. Ive heard of people using a strategy and was curious if anyone had experience doing so. If possible without getting jammed up by the housing authority, I wanted to pu...
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Hello Bigger Pockets community, I began investing in real estate a couple years back and recently completed my first fix and flip. I am wondering if there is any good information about the 1031 exchange rules. I und...
We currently have two investments properties and was told that we had to wait one year of owning for the 1031 exchange. Is that correct information?
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Can someone point me in the direction of a template or an idea of what all should be covered in a 'letter of interest'? We are looking at a building that won't be available until the first of the year, but the owners ...
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I have been building a new construction single family, and will be done in March. The plan was to rent it out for 1650$ once completed. All in costs are around 160-170K. Appraisal is 208k.
However, I’m now getting in...