Nick C.
What's the Next Move?
BP, I bought my first home a few years ago and recently sold it for a solid return. My wife and I had plans to wait it out for a year and buy a single-family house together. However, life has changed lately, and I'm r...
Seetha G
Selling Now - Tax Year Implication
Hello AllI understand that in general there is a 6 month period to close the replacement property. However if i sell now is there any restriction on closing the replacement properties before end of the 2016 tax year?A...
Mary Schlabach
Looking for advice regarding CPAs
What questions do I ask a CPA or CFP? I have been questioning our current tax preparer for a while now. We were notified less than a week ago that our 2020 taxes are now done! Why has it taken this long? I realize 202...
Daniel Jackson
Cash vs Hard Money - How are ya'll funding your deals?
When it comes to choosing whether to fund a deal with cash or hard money, I think what matters most is your financial position, but also limiting risk. For someone that might be able to do both, the idea of using hard...
Gordon D.
Taxes in Florida for OOS investor
Hello,I live in NY, I purchased a second home in FL in Aug 2018, I rented it out in October 2018. I did my taxes for 2018 back in March of this year and it just dawned on me that I didn't file anything for Florida (Ju...
Brian M.
CoC ROI vs 5 Year Annualized Return
Hello. I am brand new to BiggerPockets and just starting to research the the business of buy and hold residential rental properties. When looking at a property analysis, which is more important to focus on CoC ROI or ...
Patrick Thomas Dickinson
Capital gains paid to irs
Quick question, I’m in California and will have a sizable, capital gains tax bill owed to the IRS and the state of California in the near future. my question is how quickly does the capital gains tax liability need to...
Micah Redden
Qualify the property or the lead first?
Hey Guys,When you receive VM's as a result of a direct mail marketing campaign do you qualify the lead by calling them back or do you do some cursory research of the property before returning the call? Trying to esta...
Charles Mangum
Do you pay mortgage on the first of the month or just before the 15th (or before the late fee is assessed)?
My mortgage coupons state that the payment is due on the 1st and after the 15th a late fee will be assessed. I started to pay them on the 14th, however, I received a voice mail from the bank that the payment was late...
Jay Sing
Tenant Damaged Property But Property Manager Already Returned Deposit
I recently went to my property to inspect and prep it for new tenants and found that the old tenants had let their child do some sort of project on the granite counter which left some bad ink stains in a variety of co...