Hi all! I have a property I bought through the Duval County Foreclosure website with cash. I am working with 2 people on fixing it up and flipping it. The property is in my name. We are going to split the profit evenl...

Can someone give me some guidance about what happens after the 1031 exchange is completed and you subsequently sell the house?  In this case, I sold one home and exchanged it for 8.  I am now thinking about selling on...

There has been a ton of discussions and controversies regarding the 50% rule. In case you have been on the planet Jupiter the last few years, the 50% rule (a rule of thumb or quick analysis tool) states that "operatin...

https://www.marketwatch.com/st...
Higher maximum rate
The pre-election Biden
tax plan would raise the top individual federal income rate on ordinary
income and net short-term capital gains back to 39.6%, the to...

I am trying to understand how this deal could be structured. Assumptions: new LLC being formed in Texas to buy a multifamily with recourse financing. Three people/entities, one of the three is a SDIRA LLC. Capit...

Hi All,I have read a lot of posts & books and even attended "Guru" seminars that all seems to make the same statement that a Flipper pays his/her profit as active income - in tax bracket of 30%(?) vs. 15% capital ...

Hi guys, the following quote is from this BP article: https://www.biggerpockets.com/renewsblog/2014/10/2...Could somebody please help me understand this concept by giving a real life/hypothetical situation that makes ...

Hello All,I am in the process of making a large move, and was hoping for some advice from the community.  I currently live in PA, and have 2 investment properties in other states..  One property I rent out as a vacati...

Hi BP Community,I am new to REI and currently have 1 STR.A friend of mine started flipping houses a couple years ago with 2 friends of his through a company they started (which, after speaking with him got me interest...

Hey, I am new to BP. I started RE investing before really knowing the ABCs. Now I am seeking some help to decide if I should sell a rental unit. I bought a condo unit for 388k in 2017 ( I live in a high cost area). Th...