Do yellow letters work only if someone plans to profit from a property in the short term OR can they be used for gain profit in the long run? Am brand new to this. Many thanks.
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I invested 50K in a syndicate. They used cost seggregation and put 50K as losses in year 1. This showed up in box2 of K1. My CPA put that as loss in my tax return and carried it over.Next year they sold the property ...
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Just wanted to say hi to all here. I'm brand new to this site. I've only recently become interested in real estate investing and have spent the last several months digesting books, magazines, DVDs and TV shows on th...
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Just recently sold my first flip. What is the current rule on being taxed for capital gain and how can I protect myself to avoid being taxed at a high rate? I've heard that if I buy another investment property within ...
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I looking into doing a 1031 exchange on a single family residence (rental) into a multi family (rental). I was talking to my property manager about this and she stated that if I do a 1031 exchange within the first two...
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Hello BP Community!!My wife and I decided to sell our home and invest whatever profits came out of the deal. In the meantime, I have been binge watching YouTube videos, networking at REI events and attending any semin...
I am ready to take the next step in my real estate investing career, but I’m torn about how to proceed. I thought maybe I could get some guidance from the more experienced investors here. I have a rental property in t...
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House popped up in my neighborhood and young guy is wanting to sell quick. Dad passed away and he lives in the house but needs rehab. I don't want to miss anything and make a fair offer.Scenario: Owes 132K. Houses in ...
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Hi my name is Brad Whiting, I'm currently living in South GA and going to be starting to Bird Dog for investors and I am also in the process for building up a Buyers list currently as well.
A little about me, I'm act...
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I am a developer of storage condominiums in Southern California. I am on my 2nd project, my first being in Beaumont Ca and my 2nd in Palm SpringsBack story-Storage condominiums while rather new, are filling a gap t...