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HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
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See first to understand the context of this post here: https://www.biggerpockets.com/forums/44/topics/251...I want to see homeownership evolve to fit our current lifestyle and desires. Will home ownership in its prese...
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Hi everyone,I am building a 2800 sq. ft., 4 br/3.5 ba home with a 1600 sq. ft. unfinished basement on my 13 acre farm in Bealeton, VA. Although this is not a spec house or custom build for a client, I am using this o...
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To begin I will say that if you operate in a State that requires that Landlords always be represented by a Lawyer none of my experiences or practices may apply. In our jurisdiction Landlords are not required to have l...
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Hi - I, too am transitioning from SFH to apartment buildings, and would like to see what kinds of LOI's are out there.
What language, due diligence exits, and other concerns are you using in your offers? Actual exam...
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Has anyone gone through the process of converting a single-family home into a duplex legally? Working with the city, getting permits etc. I'd love to connect & get some advice. Thanks!
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Bill Gulley,
How does one go about evaluating a vacant commercial property?
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I was given an exclusive lead on a apartment complex purchase and the numbers appear a bit tight. Please help!This is a 20 unit complex within a mile of my house... I'm committing the bigger pockets cardinal sin becau...
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I just wanted to thank the many awesome members of BP, and share a success story that may brighten some of your days. As some of you know I was interviewed by Rod Khlief multifamily podcast on episode #221 just a few ...
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Hello Fellow Notes Folks!New here and thought I would introduce myself. I am 33, worked in finance for past 10+ years in various roles including private equity, LBOs, M&A, credit, etc. However, I have not had prof...