Jayden Hamilton
How much is capital gains tax when you sell your rental property?
Say I bought a home for 115k, and 4 years later, it's worth 160k, and I want to sell. How much would the govt tax me for capital gains? I Live in Illinois; if that helps, not sure if it matters what state you're in...
Jielu Zhao
Will a lease to own property quality for 1031?
Hi Bigger Pockets community,I am rehabbing a house that I wanted to hold for rental. I came to know the lease to own strategy and found its interesting. My question is, if I found a tenant who eventually bought the ho...
Rick Howell
Curious How Appraisers Determine Values of Properties?
You may have a number in mind when you think about the property value of your home, but a local appraiser may have an entirely idea of what your home is worth.A home appraiser has the power to make a big difference in...
Irwin S
Who legally owns your property?
I'm curious on the legal ownership of your income properties. Are they owned by a LLC, Corporation, Trust, or in your own name? For those who do LLCs, Corporations, and Trust, do you set one up for each of your indi...
George Post
CAPE COD Short Term Rental Advice
Hey Cape Peeps!
Looking into STR in Orleans or Brewster. How has people's experience been down there? Do places still cash flow well at today's prices?
TIA!
Doug Lovett
Why do banks allow subject to financing?
I am under contract to buy a house subject to the existing mortgage. This is my first subject to deal. I'm wondering about the due on sale clause. I've heard from several investors that banks virtually never exerci...
CJ S.
converting residence to rental and capital gains upon future sale
We are considering converting our 20+ year residence to rental but want to know IF or HOW we can convert it back to our residence in the future and preserve the capital gains exclusion. Does the length of residence ow...
Clara S.
Steps to buying out a business partner
One year ago I bought a 4plex, my partner did the renovations in exchange for 40%, he did great work. I am 60%, he is 40%. The title is in my name, I put 20% down. We have an LLC, we operate medium term rentals in the...
Gudia Kaur
Abandoned stuff in house bought in Auction
I am new to Real Estate Investment. Recently, bought a house in Auction that have everything still there, clothes, furniture, shoes, photos on wall and dressers, food in kitchen, vacuums, and all personal items. Its a...
Kevin Zhang
Syndication newbie, need help!
Hi, this is my first post. I am a real estate investor but fairly new to syndication project. Currently I have a $6M project which I got hard money loan for 60%. I want to syndicate the other 40% to investors. Wha...