Ben Cochran
Help! I just got blown away by my tax bill
Last year I had to sell half of a duplex. I met with my CPA, discussed the details and they estimated the taxes owed would be in the neighborhood of $10k. I just got my returns back and I ended up owning over $30k. My...
Jeff Klein
Can I change the title of ownership in a 1031 exchange?
I have a TIC share. I would like to exchange into a property, also TIC. My current TIC is in my personal name. In the exchange I would like the new property to be one half in a revocable trust in my name and one half ...
Tashanique Jones
2nd Property after Primary Home
Hello All!
I currently live in Austin, TX in a home that I’ll be renting out in the next month or two when I relocate to Nashville for work. I am wanting to expand my portfolio and buy a multifamily rental here in Au...
Randy Smythe
Depreciation Recapture when selling mid year
I rented my home in CA for one year (mid-year 2017) so I took half a year's depreciation last year and "planned" on taking the other half this year. I have since decided to sell my home this year because the market in...
Jack Randall
Evaluate my Plan
Hello BP'ers I was wondering if you could evaluate my plan for my future first two investments.
I want to take out an FHA loan on a duplex, live in one half for a little bit. Then I want to go 50/50 on a single famil...
Ali Samana
Mid-way point 2010-Where are you on your goals?
Today is June 30th, officially the midway point for 2010. I know most of us set goals at the beginning of the year, where are you today? Are you where you thought you would be 6 months ago? what are your plans/goal...
Ricardo Rodriguez
What's the Best Bathroom Resell Value Config., a 3/2 or 3/2.5?
Hello Pro BPers! This is my 1st Pro Post, so here goes :DWhat's the best retail resell value play for the Bathroom scenario below? (A) An upgraded large 3/2, or (B) Keep the existing 3/2.5 where both baths are...
Sherif Kaissi
Renovation went wrong ?
I’m seeing some potential opportunities through a wholesaler,But I see and if there are some traces of someone who was renovating it and seems like they left it halfway does this mean trouble? should I jump in?
Trevor J Dammon
Developing an Exit Strategy for Owner Occupied Duplex
Hi all,I am going to be moving to a larger city next year and want to start on my real estate journey. My plan is to buy a duplex, live in half, and rent the other half. My wife is currently a medical resident and in...
Michael Glaser
Hello from overseas!
Hello fellow Bigger Picketors,I just closed last week on a house in Kansas City, my hometown, from overseas. I currently reside in Santa Monica/Los Angeles areas. I work for over half the year overseas, which makes in...