I have a property that I bought at a huge discount 2 years ago. It's paid for. I have rehabbed it and completely gutted it and created a really cool 3/1. I have a couple who wants to have me owner finance it. I have ...
I have a my first (of hopefully many more) lead on an unlisted property here in San Diego. I contacted an owner directly and he seems like he could be convinced on selling his vacant property.He’s an older retired gen...
Is there a source online to purchase quality kitchen cabinets at a price that won't break the bank? I will be checking with a couple of local cabinet makers on price as well. Want to get the best bang for the buck c...
I currently work full time, and I have 10 properties that I have installment sales on, and they will be taxed using long term gains. I got the impression from my CPA that if I was to reduce my employed hours enough(or...
Investment Info:
Condo buy & hold investment.
Purchase price: $275,000
Cash invested: $68,750
When my husband sold his company in the latter part of 2022, we were facing a large tax liability whi...
Hi All, I have 9 properties spread among 3 states. My properties in 2 states account for about 80% of my cash flow, but the 4 SFH I have in Birmingham account for only 20%.I don’t want to sell as I’ll incur lots of ...
hi, i'm evaluating whether to sell or continue renting my previous primary residence - i'm approaching the 5 year limit after which i will have to pay long term capital gains. I'm trying to figure how much the tax mig...
MARCS or straight line depreciation. So as I understand it if I use MARCS I will be on the hook for more in taxes when I sell the property vs straight line depreciation. Still with that in mind what is the preferred d...
Hi BP Community!I wanted to run this buy you savvy investors on what you would do if you were given our situation. So, I have a 401k from previous company Walgreens and now I work at CVS pharmacy. I am going to be all...
Hi everyone…
I see people on the boards here speaking about paying off mortgages on their rental units, as if that is a desirable goal. What do you think?
My first influence in pondering owning rentals ...