![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/109263/small_1621417428-avatar-omies13.jpg?twic=v1/output=image&v=2)
Looking for a CPA or accountants advice about the tax implications of fixing and flipping a single family home. When I resell the home do I just pay standard income tax or do I pay capital gains tax as well? Can I ded...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/333959/small_1621444938-avatar-joeyenglish.jpg?twic=v1/output=image&v=2)
Yo… Flippin Ain’t Easy:Flipping is one of the first things people think of when they consider getting into real estate investing- “flipping” being the process of buying a house for below market price, fixing it up and...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1706584/small_1621514924-avatar-ecwinterhalter.jpg?twic=v1/output=image&v=2)
Hello BP family,
So I've found myself in a difficult situation in my rent by the room rental, and the fact that it is a rent by the room house makes it much more pressing. Turns out one of the tenants I just signed ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2122666/small_1694957014-avatar-rhondal25.jpg?twic=v1/output=image&v=2)
Hello, my husband and I purchased 7 duplexes during about 8 years ago. We had unexpected offer for these duplexes and are now selling them on April 30th. We did not have them listed and had no plans to sell prior to...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/200794/small_1621432783-avatar-rv89.jpg?twic=v1/output=image&v=2)
Just went and looked at a potential deal that is the first of its kind as far as my investing career goes.Single family home on a great street in a B neighborhood, historic city. There are some rough parts of this nei...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/276095/small_1621440886-avatar-michaelc34.jpg?twic=v1/output=image&v=2)
I hit my head at my own rental this weekend, lacerating my head and taking a trip to the Emergency Room. I'm the proud owner of a few staples now! (No Urgency Care in the area on weekends.) I'll at least have a co-pay...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/360273/small_1621446573-avatar-michaelw57.jpg?twic=v1/output=image&v=2)
Good Morning. Seeking some advice and feedack from those who have had to use a qualified intermediary to handle their 1031's. -say you have 5 deals on the year whatever that be wholesaling or flipping, do they charg...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1092473/small_1695784249-avatar-brianw300.jpg?twic=v1/output=image&v=2)
Hello all, my wife and I are new here. We are looking forward to learning a lot here. First, a quick summary of our situation. We own two rental properties here in our home town. My wife's father has been managing our...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/159555/small_1621420196-avatar-nspade001.jpg?twic=v1/output=image&v=2)
Hello all, I currently own a 5-unit, and two single family homes, and have my real estate license. I just got approval for funding that will allow me to purchase 8 single family homes, and generating about 9k in incom...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/658612/small_1621494869-avatar-justing71.jpg?twic=v1/output=image&v=2)
I understand questions like this allow for a broad range of answers. I will try my best to phrase the questions around my particular situation in order to receive more acute answers pertaining to my situation.
I cu...