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I'm planning to sell a single family rental (5 yrs now) in CA and do 1031 exchange.- At what point do I need to make the election to do 1031 exchange? How much time prior to sell?- As I understand, part of the sale pr...
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Tis the season. End of the year. The season of Bigger Pockets investors posting 10 nearly identical "Looking for a CPA" messages per day.
Disclosure: I am one of those people you are looking for. But this post is not...
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I received the other day an email from a high school friend of my son, who is lurking on Bigger Pockets and was thinking about buying a manufactured housing community. Because he was someone that was a former classmat...
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Hi everyone!I am wanting to wholesale vacant land and wanted help with understanding how to determine if the land is attractive to cash buyers. Is it primarily the location of the land or are there other factors?Also,...
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We have a family partnership that owns two rental properties (a Single Family House and a Duplex). It started out as a simple partnership in 1995 (Dad & Mom, #1 Son & Wife, #2 Son & Wife). After the unexpe...
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As a Canadian resident and recent flip investor I will be travelling to the United States next week to visit my properties (which are in the final stages of completion) and to have meetings with my hard money lender, ...
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With the tax breaks that come along with owning a business, should I register as a business before I start flipping houses? I'm just concerned that the money gained will count as income which could be a tax nightmare.
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I found a new accountant to help with this year's taxes and unfortunately he doesn't appear to know a whole lot about rental property taxes. I picked up our completed taxes yesterday and fortunately I know enough abo...
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This was a very creative, insightful and tragic movie. I'm interested to learn from those who have seen it, what impact this movie had on them. For myself it is the fact that only one trader was convicted and went to...
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Hello, I have asked my realtor to manage some of my units in Chicago. I have worked with her several times and I love her work.
What is your recommendation on how to pay her? should I do a mostly or per call situati...