Investment Info:
Condo buy & hold investment in Chula Vista.
Purchase price: $336,000
This home became part of the investment portfolio when my wife and I got married. Technically still hers, but it ...
How should you run your rental business? (LLC / S-corp / DBA / Personal Name)?
Hi BP community, I have a question and hoping someone out there has some insight.I have recently finished a development project of which my daughter is a partner. I want to give her a portion of the profits and want h...
While discussing the BRRRR Strategy on page 70 of The Book on Rental Property Investing, the author says “Sure, at some point, the bank will stop refinancing the properties for you.”Why is that? Is the strategy frowne...
Hello everyone we are a married couple living in pipe creek, Texas near San Antonio, Texas. we are new to this site and looking forward to learning more about wholesaling and flipping houses. Have a great day. My name...
Hi, new to BiggerPockets and was not sure where to post this. I am trying to sell a house for my parents in New Jersey who are not citizens of the United States. I am the durable power of attorney and am a citizen. Th...
Can someone familiar with Real Estate Taxes give me some guidance?As a property owner I don't have to pay taxes on 250K (500K for married couple) on profit from selling Real Estate if it was my primary residence for 2...
Investment Info:
Small multi-family (2-4 units) commercial investment investment in Morgantown.
Purchase price: $245,000
Cash invested: $29,500
Another investment in the books!
What made yo...
Here are some tips to mitigate capital gains on real estate sales:
Use the Primary Residence Exclusion: If you have lived in the property as your primary residence for at least 2 of the past 5 years, you may be eligi...
As of 10am today the new 5% down program is live! I sat down with @Sam Sharp to do an instagram LIVE on the topic this morning. This is going to be even better than the previous 5% down program for a few reasons:
Y...