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Hi,I'm wondering how much does capital - gains tax affect your profit margins? If I hold a property less than a year and flip it is it just ordinary tax (federal income tax) on the profits? Just looking for some clari...
Hi all, I purchased my 1st home in February 2010. I lived there until December 2016, when I moved into a single family home. I sold the 1st home in May 2019. I lived in the 1st home for roughly 7 years prior to moving...
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Hey BP family.I’ve been living in current residence in Ma for the past 5 years. I recently made a an offer (a low ball offer that will be my first live in flip) and it got accepted.My current residence is expected to ...
I recently retired and I am unable to do maintenance work on my 3 family home. I purchased it in 1985 and have been living in 1 apt as my primary home and renting out the other 2 apts. when I purchased it I paid 15,00...
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Hi everyone,
I purchased an investment property in 2017 for 67k and I’m selling it today for 91k. I am wondering if I will be charged capital gains on this considered that my wife and have travelled overseas for the...
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I think I may have found a way for multifamily investors, property
managers, and apartment complex investors to capitalize on their
tenant's monthly utility bills such as internet, electricity, phone,
etc... Loo...
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I’ve been digesting real estate for a while now, but I’ve never done a deal. I’ve always talked about it, read about it and listened to it, but I haven’t done one yet. Now, my “obsession” has got me into a situation w...
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So inherited 17 acres from my parents that is free and clear. My parents originally purchased 20 acres and developed 3 acres of it by both building rentals, which they sold, and selling lots. There are 17 acres still ...
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Hi all! This is my first post. My husband and I have spent the last 10 years becoming debt free (totally!), educating ourselves, and raising capital. We have saved 100K to start our real estate investing journey. Our ...
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I have kinda had a realization about capital expenditures on Mobile Home Parks. I heard the expense ratios can range from 20-40%. If all homes are TOHs in a park, then what would the capital expenses be for the park p...