Cory E.
Selling first flip, question about capital gains
Me and my partners will be selling our first flip next week and we are trying to see how bad the capital gains tax will be for each of us. There are 3 of us in on the deal; Me, my brother, and our partner(Brendan). We...
Algie Horton
Real Estate License VS Dealer License
Hi everyone! I'm at the very beginning of my journey of real estate investing. I have taken an interest in manufactured homes and am trying to learn about it. But I'm confused about something. I live in Illinois and I...
David Sussman
Rural properties...worth it or not?
SO I've got an appointment with a seller tomorrow, and I'm wondering what the general consensus is about rural properties? The basic scenario is this: Lead came from the tax delinquent list. Seller owns 4 parcels a...
Beth Doris
Double wides in trailer parks
Hello BiggerPockets friends, I have flipped 2 homes thus far and have a three family investment property. I am now ready to invest in several more properties. I am an agent so I have the ability to view the MLS at all...
Ally Salinas
BRAND NEW HERE From Seattle, WA!
I am a new mother, new to bigger pockets, currently a waitress and I'm sick and tired of it I want to move on to bigger and better things like real estate, either wholesaling or flipping houses & I figured here is...
Nate Bartlett
Current Investment Mortgage Down Payments
Hello,
My wife and I are looking to close on our first STR deal. My mortgage broker is telling me that with the current market, we are likely going to be required to put down 25-30 percent. Our financials are good, ...
Sam Leon
Who is responsible for missing outside items INSIDE A FENCED IN BACKYARD?
This is somewhat related to an existing thread but I didn't want to hijack that one.
http://www.biggerpockets.com/forums/52/topics/116077-who-is-responsible-for-missing-outside-items
My situation is a b...
Mike G.
Requesting help in understanding safe harbor applications
Hi BP,I recently incurred significant expenses for the exterior of one of my properties, and am requesting your assistance in understanding what I may be able to deduct in the current year. I would classify each of t...
Julio Gonzalez
Asset Classifications for Cost Segregation
Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
William Stewart
Manufactured cash out
I have a manufactured home deeded to the land as an investment property. I own it free and clear and was looking to pull out some cash to reinvest. Anyone know of lenders to do a cash out or something similar?