Found my 1st flip. Its pre foreclosure. I am concerned on the taxes I will have to pay on the flip. expecting to profit 100,000.Any help on a strategy to lessen my tax burden would greatly be appreciated.Thanks Steve
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Howdy my fellow Texas investors. Coming at you from Waco, Texas but my question is about something that will affect Texas as a whole. So I read that Texas has put the option to remove property taxes and replace them w...
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So here is my story, my first bad experience as a landlord.Bought a duplex, moved in to the 2nd unit, did a lot of upgrade in the house to rent out the 1st unit to a family. After few months, I moved out and rented th...
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This is more of curious question, not a real issue for me.
What would you do if you were utilizing a sandwich lease option on a house and the primary owner went into foreclosure? Or if you are the renter and have...
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Hello BP Team! I am a brand new BP member looking to potentially invest in the Providence/Warwick, RI area. I currently live in the Bay Area, but my family lives in Rhode Island and will be my "boots on the ground". I...
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Below is today's CFPBs Bulletin on Credit Repair Companies (Fraud)I have assisted Tenant Buyers get mortgages with damaged credit and high DTI since 1986.If you are recommending some credit repair companies to tenant ...
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I’m concerned about Minneapolis’s rent increase restrictions going into effect soon. I’m a new MF investor, trying to pick an area ( or areas) within 30-60 minutes from my St Louis Park home, to buy apartments 50 door...
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1st Post (a bit of an introvert on all things Social media) - bare with me. Thanks to BP for all their work, resources and continued encouragement. I have never been more motivated to become financially independent th...
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I'm torn because I told myself I would stay out of other people's business and only focus on my own, but after paying my quarterly STR taxes to the city of Austin, I'm thinking twice.
Austin is known for heavy STR re...
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*This link comes directly from our calculators, based on information input by the member who posted.Hello!I'm a complete newbie from Minnesota and started my real estate journey in January 2023. I just si...