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Results (5976)
Andrew Edwards Tenancy in Common or Husband and Wife
11 September 2020 | 3 replies

Hello BiggerPockets community! I hope everyone is safe during these uncertain times. I am happy to say my wife and I are finally leaping out of analysis paralysis and purchasing our first buy and hold property.  We a...

Tiffany Allen When to list my Marietta GA home... When will the bubble pop?
3 September 2017 | 5 replies

I purchased a home in Marietta GA off Terrell Mill and Delk Road by the new schools that are being built over 1.5 yrs ago.  My house value has been climbing and I want to sell to downsize and open more funds for my RE...

Dominic Guerra House Hack Financing...DSCR?
4 July 2021 | 4 replies

Hey BP Family! 
I am starting to analyze deals for my first house hack here in Houston Texas. I have a 780+ credit score, absolutely no debt, and I just graduated college into a real estate investing job where I am o...

Val Csontos Hi Tax pro's, I need you input please on "Active vs Passive" status question.
10 January 2015 | 2 replies

Just seeking for second opinion on this Tax situation:  I am a fulltime Investor and I according to the IRS Sec 469c I qualify for the "Active" status, BUT my wife has a fulltime job with, w2 salary. We own an S Corp ...

Dustin T What to expect tax wise on this sale?
4 October 2005 | 8 replies

Purchase Price = $126,500
Sell Price = $185,000

Don't think it matters for this, but Debt currently on it = $126,700 (purchased with 103% loan).

Owned for 25 months
I was told an Excise tax in the area of $3500.

Ca...

Bernie Huckestein Income for renter(s)
29 June 2016 | 5 replies

Looking to fill my first rental property and looking to confirm the minimum income.I have read in the BP book that we should look for a minimum gross income of 3x the rent.  My question is if I have two people (not ma...

Luke Faulconer How to use my capital??
25 September 2018 | 1 reply

Hey BP folks! I have some capital that I would like to invest and I am wondering if I should buy my own home or continue renting and invest it in a rental. What are your thoughts on this? I've heard some good argument...

Mike Johnson Pros and Cons of a General Partnership
11 May 2017 | 1 reply

Hello. I am finding so much conflicting information online regarding which entity to use for wholesaling real estate. I was going to get an llc, but my cap suggested a GP with my wife. He claims there will be less tax...

Heather Klompmaker understanding capital gains on primary residence sale
8 December 2016 | 0 replies

Hi All,We are considering selling our primary residence which we have remodeled and now have some equity in. We plan to sell for 200,000 and purchased for 145,000. Our mortgage balance is now 128,000. I have been read...

Devin Pickett Subject To Deal Opportunity
14 February 2018 | 3 replies

I'm a realtor. I sold a home to a couple (not married) a few years ago. Since then they have separated leaving the the girlfriend living in the house and the boyfriend living out of state. The loan is in the boyfriend...