Rud Sev
Carry back or forward loss from sale of real estate
Hello,
I sold 2 properties at a loss in 2023, and one property for a small gain in 2023. When looking at my tax return from my CPA, the losses and gains show up on Form 4797 (Part I for the losses and the gain in Par...
Michael Smith
The Ultimate Guide to Using Conventional Mortgages to Expand Your Portfolio
Perhaps I'm being overly ambitious by taking a leaf out of @Brandon Turner 's book and throwing "The Ultimate Guide" in the title, but my goal is to create a comprehensive point of reference for investors looking to u...
Patty Harris
LLC
I am a newbie to BP and just in time! I have declared 2015 as the year I begin investing in RE. I have wanted to break into the field for over 10 years but felt completely unequipped. I didn't know how or where to sta...
Matt Everling
Benefits of using a self-directed IRA for multifamily investment?
Can someone set me straight on why I would want to use a self-directed IRA for REI when, as I understand it, does not offer tax benefits or liquid cash flow?
Mariah Jeffery
Considering first flip
I have several properties that I bought to hold, possibly until death. Several of those were fixers, but I've never attempted a flip before. (When I say "I", I mean my team, which consists of my retired father and law...
Reginald Collier
Newbie needs direction!
Hey Guys/Gals. I Live in South Jersey BUT i'm interested in attaining Rental Properties in DE or PA. Wondering what's first? Do I need an LLC, Tax Guy, Lawyer, RE agent, Financing, Mentor, property manager, contra...
Account Closed
Hello my name is Lee and I am New to Real Estate investments in Honolulu, Hawaii
Hello everyone,
My name is Lee Nicole Salinis and I am new to the world of Real Estate investments. Originally, from Philadelphia I moved to Hawaii 2 years ago after graduating with a B.A. in Psychology...
Cooper B.
How to report profits from a flip with a partner
First off, I apologize if this has been discussed in another thread but I couldn't find anything that addresses my particular situation.I am seeking advice about how to report the profits from a flip with a partner. ...
Kimi Ho
Sell investment property to buy multi-unit split use (rent/prim)
Hello,We are currently in the process of selling an investment rental property for $200k (in escrow) and purchase a split use property for $1 mln (also in escrow). The property will serve as a split use as it has 2 en...
Account Closed
Property sitting
If a property has been uninhabited for 5-6 years because we were waiting for the housing market to go back up before selling, is this property considered to be for investment in which case it would qualify for a 1031 ...