How many times have you heard somebody say some version of this statement: “We made 100,000 on the sale of our house and we only lived there for five years. Can you imagine if we continued to rent the apartment we us...
Been on this forum and already have found a wealth of information. This is similar to a post I had yesterday but I have been listening to quite a few podcast and forum post, I keep hearing about the 2% rule and having...
Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $43,000
Cash invested: $7,084
Small 3 bed 1 bath rental property. Four walls and a roof. Noth...
I keep hearing/reading about people that are not paying taxes on their rental income because they can offset it with deductions. I can't come up with enough to cover the income. What am I missing. I am deducting:
-...
Hi Everyone.I'm trying to put together my first five year plan for investing. My goal is to generate enough passive income within five years to be able to cover my expenses. Or get out of the rat race as Robert Kiyos...
Hi all,I've been reading around BP for a while now but this is my first post. I am moving away from Albany within a year and am debating whether or not I should keep a 4-unit property I have. It is in a good neighborh...
Hello all!I am 27 years old and a Physical Therapist. I have lately gotten pretty deep into listening to the podcasts on the way to work and at the gym, as well as reading the articles and forums quite often. I have b...
I know this question is contrarian to most new RE Investors, however, over the last 15 years, I have been an investment advisor and have been able to create an unbelievable business that cash flows extremely well. If...
From a tax perspective are there big differences between a 1031 exchange and reinvesting gains within the same tax year? I buy and sell property with an LLC and just closed on a flip with a $60k profit. The sale price...
I have a lead on what seems to be a deal. I’d like to solve the current owners’ problem and hopefully create an opportunity for myself.Property:
Location: Tulsa, OklahomaType: Single familyBuilt: 1999Size: 2,675 SFLa...