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I am an wholesaler who recently had a double close. i would like to know the following?
-Are my proceeds subject to capital gains tax?
-If so, What portion of my proceeds will be subject to the capital gains tax?
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Please forgive me for not knowing or fully understanding, but what is the not obvious difference between an all cash offer VS a buyer with a loan from a bank? Isn’t the sellers end goal being met either way?Thanks in...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Hello BP,I am looking at using Hard Money for this deal. Has anyone been able to use the ...
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In general, does one have to fund his own earnest money or is there a way to get the buyer to fund it? Could someone shed some light on this please?
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Hi Guys,
I am fairly new at this and was wondering, on average, how many times does your tenant asks for things to be replaced of fixed ? I've had a new tenant for the last 3 months and I keep getting requested to ta...
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So I recently got a home under contract in Waco, TX. Currently, the owner of the home rents it out to a tenant though there isn't a lease agreement. The seller informed the tenant that she was selling the home, but th...
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What is the fastest way to determine a rough estimate for painting, carpet, cabinets, countertops etc.? Trying to figure for wholesaling deal. Denver, Co
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Hello BiggerPockets Community,I'm Seth, based out of North Bend, Ohio. As someone who spends a majority of time at work, I'm currently in the exploration phase of understanding the real estate landscape, particularly ...
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I am looking at a sale of two lots together in a residential area, walkable to a small university. One of the lots has a house which can be fixed for rental and the second lot is currently vacant. Seems like the vacan...
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We closed yesterday on the purchase of our flip house here in NC. I hope to document to progress throughout the event. Our goal is a 4 week turnaround.Purchase Price $67.5k, (approved short sale)ARV $135k. Comps in...