Michael Plante
You pay income tax on your profit when selling correct?
Ok I THOUGHT I knew about these things after buying and selling real estate for many years BUT am always eager to learn except when doing a 1031 exchange you need to pay income tax on profit when you sell a property c...
Ken T.
Any Canadians own rentals in the U.S.? What's been your experience?
Just wondering if there are Canadian REI's here that own rental property in the states? Would you recommend this route? What has been your experience?
Sib Bahjat
Refinancing a loan with Corporation attached
I am new to BP, enjoying all the blogs and information. I have a property I recently purchased and it is under my Corporation. What is the best way to refinance it with the Corporation name attached to it? Is it easie...
Brett Patterson
Hi there, I'm Brett from Michigan
Hello, my name is Brett. I am a Realtor in Western Michigan, and a small time investor who would love to someday become a big time investor! I am currently employed by a top 40 broker in the country, who primarily dea...
Brandon Halley
Mobile foreclosure not purged conflicting information
I am interested in a house on auction.com that appears to be a 3/2 mobile for sale on a 4 acre parcel of land. The reason that I say appears to be is because there is conflicting information.On auction.com in the desc...
Scott Barrett
Fix and flip with a 2nd story addition
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $175,000
Cash invested: $225,000
Sale price: $460,000
Bought a small two bedroom house and added a 2nd story ad...
Chance Bostick
Newbie in LA, wanting to invest in TX
Hey all!I'm Chance, I'm 24 years old, originally from Texas, but I've been living in Los Angeles for just over 5 years. I work in the entertainment industry, currently as a production assistant on the TV show Bones. T...
Andrew Schuellerman
Need a commercial lender to underwrite unique property
I am in the process of purchasing a property in New York State that consists of a home with a breezeway that connects to the tiny community Post Office. The Post Office leases the building from this property owner an...
Darrell & Marci M.
Kind of New (N. California)
Ive been on the sidelines, of BP and REI for years now. First of all, thank you, to all the members of BP. You all have the greatest post in all of biz forums-land.
My family members were in mortgage banking with ...
Christos Philippou
The Biggest Battle: My primary residence
Flash back about 7-8 months ago when I am finally ready to get a loan for my first primary residence. I am currently renting an apartment, but I have purchased and renovated two buy-and-hold investment properties in t...