Does replacement property have to be "held" long term or can you improve the property and do another exchange "equal or better" ? Isn't the intent of the law to continue your investment and therefore you are merely ...
It's been a GREAT RUN! I've personally invested in a handful of successful STR's and flips and supported several dozen buyers acquire lucrative Oregon Coast vacation rentals and AirBnB's. Unfortunately the primary dyn...
Hey All - New to Biggerpockets and excited to learn from this great platform! A little back story, originally from NJ then relocated to Mesa AZ for work - purchased my first property in 2014 since it is cheaper to buy...
I've recently seen a fair number of articles predicting the LA market is slowing down and is going to lag behind the national average in term of how fast prices will rise. I'd love to hear the thoughts of fellow LA i...
I found a FSBO that I am interested in but I do have an agreement with a realtor. The property listing says 3% broker participation welcomed. Can anyone tell me what that means? I realize I may have to pay my realtor...
Hi All - new to the game here. currently rent and work in manhattan, plan was to buy a SFH in jersey and house hack to begin then possibly look to add duplexes to inventory. problem is I am not familiar with north jer...
Alright guys and gals, Need some help. What should my new wholesaler website have as "MUST HAVES" and what do I do if I do not have any properties to showcase? Co-wholesale other wholesalers properties?? Is that legal...
Hey all, Feds cut rates by a quarter point today. Rate cuts tend to boost buyer affordability, but with current home prices, are we really going to see that kind of relief in cash flow anytime soon?
I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...
With the passage of the CARES package allowing IRA withdrawals without the 10% penalty and being able to report the distribution evenly over 3 years, I have been considering taking $20k out of my IRA to pay off a loan...