Doug Watts
First Flip Listed! Any strategies to avoid CAPITAL GAIN$?
My first flip is listed on the market and should be selling soon. I was just wondering if there are any strategies or things that could be helpful to me on the capital gains. Im pretty sure in texas you have to own ...
Katie Southard
Selling Rental before Cap Gains Timeline
Moved July 31 2023
Renters lease expires 2/2025
Must have lived 2 of last 5 to avoid cap gains if sold.
I’d rather not sign a new lease and go month to month but they’ll push for it.
Worst case scenario we ...
Shera Gregory
New BP member from Richmond VA
I found the Bigger Pockets site when googling for info on tax liens. My husband and I have several single family homes as rentals in the Richmond area. Just recently we also converted two Roth IRA's to self-directed...
Account Closed
2019 Tax Planning Tip for Pass Through/Service Businesses
As we go into 2019, figured I'd share a tax related planning tip that I personally feel will be important for business owners and RE professionals moving forward. For complete details, please reach out to a tax prof...
John S.
I don't want to look like a fool. Second opinion, please?
The seller is asking $250k on a 2,500ft commercial building built in the '40s and renovated in the '90s. It needs renovating again.Good location in a downtown area of a 60,000 pop. city an hour outside of Atlanta.Base...
Chris Perez
Forcing appreciation by increasing NOI
6 months ago I purchased my first investment property. I used an fha loan and purchased a 4-plex for $575k. I put $25k+ in renovations into the most neglected of the 4 units and moved into that unit. I’ve already forc...
Matthew Kurtz
Factors you look for when investing in an area
Hello BP family, Now that the COVID-19 pandemic is loosening (sort of) it's hold on the global economy, I've seen more and more activity on the BP site - definitely a good sign! I'm still relatively new to real estat...
Trinidad Luna
How to find an established flipper to partner up with.
Their is a house on the market for sale which I think could be a great fix and flip. The property in question is on the market. I’ve spoken with a real estate agent, seen the house and told her I’d be contacting her ...
Maxwell Harrell
Good technique to find a GC for full rehab
Anyone have a good technique to find a good GC for full rehab when out of state?We have a house under contract and need to find someone that can handle a full rehab of a large luxury SFR. We’ve asked our realtor who h...
Cody Bernardy
Young investor from Tacoma
Hey BP!
Just wanted to introduce myself, my name is Cody and I've been an entrepreneur since day 1!
I just got back from celebrating my 21st birthday in Las Vegas! I opened my first store when I was 13 years old und...