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Hi BP fam! So after searching for homes in Katy and Richmond and made an offer on an older 1983 SFH which ended up having a lot of issues during the inspection (plumbing, electrical, foundation, etc), I decided to go ...
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Hello - I need some clarification. In the state of South Carolina, I understand that there is a hefty tax on out of state owners for second homes. My question is this: If you are a resident of South Carolina, is there...
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Hello everyone. Thanks for all of the great info on these forums.A little history....I have a decent job that I don't want to leave anytime soon, but I realize that I am not going to have the kind of retirement I wan...
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I'm debating on whether to use a HELOC or a Home Equity Fixed Rate Loan to finance a garage conversion ADU. I am in the process of getting bids for the 350 sq ft garage conversion ADU, but I'm expecting 70-85k. Could ...
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I’ve seen some posts on using stock proceeds, without a tax hit, to invest in real estate. I can’t tell if my situation is different, though, so thought I’d ask.
My employer gave me shares of company stock (company ...
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Hello, I wanted to see what is thought about a deal I am working on at this time. I received a call a couple of weeks ago from an owner wanting to sell his home. It is a SFR IN east Texas and he wanted too much to b...
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I figured it was time to just raise my hand and see who wants to connect. My two biggest goals in the next 6 - 12 months are to a) move to the Westerly area of Rhode Island and b) find some multifamily properties in ...
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Hello all, my question is pretty basic but I cannot find a good answer online.
How much will I pay in capital gain taxes?I have a triplex that I bought for 200k 6 years ago, I refinanced to take cash out and now I o...
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We live in Salt Lake City, Utah and we bought a house a little over a year ago as our primary residence. We will be selling it for a profit that will put our annual income well over $80K for the year but want to make ...
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What areas/neighborhoods would you recommend I focus my search? I am looking for small multi-family, 3-8 units, that cash-flows. Class B properties, ideally. Areas in transition are ok. I am looking for an investor...