Hello, I have a client that has 500k in gold that will be selling it in order to purchase a property. Not sure how that will affect him personally for tax purposes, any advice would be greatly appreciated. Does anyo...
I am new to your podcast, so hello! In yesterday's podcast, Dave talked about using the rental calculator on a property in Tulsa, OK. Address was 1050 North Irvington. His example was somewhat confusing to me and I...
I've started to dig into wholesaling preforeclosures and I guess I'm missing something in calculation an offer. Wouldn't the offer be at least what is owed to the lending institution? It could only be less if the se...
Don't miss out this summer on the St Louis City and County Land Tax auctions. STL Tax Auction Map was created to connect real estate investors to their next real estate investment property. STL Tax Auction Map does th...
Hey fam!
So we are discussing converting our primary to a rental. I just found out in the state of SC if you rent your home for a period of longer than 72 days, you are subject to the higher property tax rate for the...
I'm trying to understand what the big deal is? As I understand it, you save capital gains on $250k for single, $500k for married when you sell the house you lived in so long as you lived in 2 of the previous 5 years....
Hello, looking to buy my first multifamily property ( 3 flats) in ChicagoWhat is considered as a good cap rate in the area?Also, is there any recommendations for the multifamily lenders?Any tips for beginners ?Thank you
Hello BP Community,Brandon Turner often says on his webinars that +$100/unit is a base hit, +$200/unit is a home run, and +$300/unit is a grand slam. I love that rule of thumb so much, I actually have it posted on my ...
I was researching in the Portland Me area, why are some properties so much higher in their property taxes & is this something that can be appealed.
would a house hacker be considered a real estate professional for tax purposes?