Ryan Prokopetz
Besides the purchase. Where do you make your money?
Everyone always says you make your money on the purchase. Besides that, what is your competitive advantage? Do you specialize in something, outsource most things and flip houses fast etc...?
Kayla Givens
Columbus Short-Term Rental
Hello! I am an agent and investor in the Denver area. I am looking to invest out of state and do a short-term rental strategy. I am curious about the Columbus market and would love to hear more from other investors th...
John Mason
Profit from flips if I have 250 K capital
Good morningIf I have 250 K capital , can I make 120 K a year from flipping?Thanks in Advance
Sharon McLaurin
Just want good honest learning/answer in REI
I'm getting ready to retire in 5 years. I want to learn the correct way to buy and profit in real estate. I would also add that I want to do deals that are win/win. Not one sided or take advantage of people in need of...
Kevin Simmons
New fix & flipper
Hello BP members, I am new to fix and flipping in the dmv area. I want to know about the taxes involved with fix & flipping. Do you get taxed on what you don't put into a second property or are you taxed on the wh...
Jason NA
Tax consequences of HELOC
How if ever will taxes be assessed to money taken out of a home equity credit line.
One example,
I buy a house for $100,000
I take $20.000 out of my HELOC
At some point I sell the house for $200,000
Do I owe taxe...
Karen Seale
How to calculate 1031 Boot Taxes
Hello everyone,We have been searching the posts here on BP and still haven't really found a specific answer to our question. How do you calculate tax on a 1031 Boot? Here's our situation: We sold one property and...
Jean Bolger
Question on personal residence capital gains tax
So, I was talking to a friend who is looking to help her father sell his house. He's owned it for many many years and it is in a nice area. The plan is that he will buy a smaller condo for himself and probably another...
Hilde M. L.
Saving Parents' Foreclosure, Developmentally Disabled Non-Profit
Hello Everyone,I am a new member and a big BP fan. I'm so impressed with this extensive resource and how helpful other members are on the forums. May I ask your invaluable advice on a very personal topic.I've been try...
Casey Jones
Arkansas Realtor new to the BP forums
I'm still in my first year as a Realtor here in Arkansas and I've been listening to BP and Real Estate Rookie podcasts every day trying to get the most information I can possibly take in! Looking to get my first flip ...