A very close friend of mine bought a house in 2010 in Stockton, CA area for $330k and i think he got 95% mortgage, so he obviously had $400 or so PMI, mortgage payment stands around $2700. (I couldn't be wrong on some...
What real estate investing approach is best to build passive income? Rentals I'm guessing , but I don't want to be a Landlord either. Please join this conversation . I welcome all your advice
My husband and I are closing our first 2 wholesale deals soon. I'm wondering what to do about gov taxes on the income we receive. Do we hire a CPA? Or is it still simple enough that most people can still handle themse...
I just have some general questions about taxes on real estate income:1. If I turn a profit on real estate, what tax rate would I pay? Long term capital gains? 15%? 23.8%?2. Is there a way to always avoid taxes even af...
Has anyone her ever invested with this company securerealestatefunds.com? Hard money lender. If so what has your experience been?
If I have multiple investment properties and over the course of my time owning properties I realize that if I choose to re-sell the properties any profit I would make on the properties they would be subject to capital...
How is rental income taxed? For example if I have multiple investment cash flow properties and when tax season comes. Is the total income whether vacation rentals/ long term rent, taxed as regular income tax based on ...
Hello Bigger Pockets community!A while back I posted a question about how to get my start in REI, specifically regarding the impact of a real estate license. I got a lot of great feedback! As I sit on the topic some...
Here's the thing: I'm thinking about buying a house that would make a great rental if we need to move out of the area (which is somewhat likely). I used the Rental calculator to see how the numbers would crunch. The h...
i am new to apartment complexes. I am interested in this 32 unit for cheap. the guy is out of town and seems very motivated. I dont even know where to begin with this. should i try and fix it and hold it, or look for ...