Maher Bateh
Capital gains TAX
I am nearing the finishing touches on my 1st flip and wanted to know how much capital gains tax I will be paying? I purchased the home through the county auction in March? What % will I be required to pay?
Note - Thi...
Jesse Murillo
1031: Outbid on 3 properties
My 45th day is coming up. What happens if I can't close on any of the 3 identified properties ?With a hot real estate market and multiple offers on properties, can I change properties if I'm outbid on initial 3 proper...
Lorin K.
Tear down and build larger vs rehab and sell?
Seems this is the trend in more expensive cities like Seattle and in Vancouver. Doesnt this go against the grain of investing in income properties? What happens when the economy turns sour and the vacancy rates drops ...
Andres Yory
PLEASE HELP !! must sell extra fast! how to? FIX/SALE PROJECT
I must sell a property who is already paid in full and need that money back in my hands urgently to keep expanding. Commercial Value is around 145K. Since HOA is $330 and rent is only $1350 at most we are deciding to ...
Michael Doub
Newbie tenant screening question
I just finished the rehab of my first BRRRR and am screening/selecting tenants. A young engaged couple applied and completed credit and background check on my cozy listing, but only her information was there because h...
Matthew Cassidy
How to Lower a Price with a Emotionally Invested Seller
Hi Bigger Pockets Nation,Need some help.Seller is selling a 4 unit building (quadplex/Four Family), older guy been in the family for years and handed down in the familyComps:1. Same area 275K for a 4 unit building las...
Luke Tetreault
Live In Flip Sale Into 1031?
I purchased my current primary residence at the end of 2020. I would have about a net 125k cash currently if I were to sell after all closing fees. Thinking about a possible 1031 to my next live in flip? I’ve yet to d...
Ahmad Darensbourg
Purchase a home from a taxbuyer
I found a motivated seller who wasn’t aware that someone has been paying taxes on their home for the past 5 years. I then found the tax buyer and contacted her and she said she wasn’t going to let anyone redeem the pr...
Brian Cousins
easiest way to add someone to title
I am getting into a flip with a partner, the partner is buying the property under their name, they have the cash, I am working on rehabing and then we are going to sell. How can this be set up so when we go to sell 1...
Natasha Onochie
Proceeds from sale of home
Hi All, looking for some information on tax laws, as well as any guidance on how to protect the proceeds from the sale of my home from being eaten up by the IRS. Looking to use the proceeds to get into an REI deal (s)...