Gene Fereaud
Writing off "cash on top" of a financed duplex purchase
Hi there!Just bought my first property. But in the competitive Los Angeles market, I had to put up additional cash on top of the deal in order to have my loan taken seriously. Anyone in SOCAL familiar with how to writ...
Carrin Johnson
Bill Summary: AB 1771 The California Housing Speculation Act: Impact on Fix and Flip
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.
Under the proposed...
Minka Sha
Rent out for a negative cash flow vs sell house at a gain?
Which option would you pick, and WHY?? Also, if you can think of Option C, you are a rock-star! :)So, condo is 2 BR, 2 BA in North Pacific Beach area in San Diego, CA. Great location, walkable to the beach. I bought w...
Joseph Varnau
Syndication tax question
Hi all, I am still fairly fresh and new to BP....but have searched for this answer and have not found it yet. This question is for anyone that has been a syndicate investor. It seems most syndicates have plans for s...
William Coet
Is My Simple ROI Math Correct? Cash Vs. Financing
Hello,I would appreciate any insight on this subject. My math shows the ROI being the same for a cash purchase vs.a financed purchase. Is this correct? My examples here show the return is the same for both scenario...
Frank Rodriguez
24 MONTH FLIPPING
I have been using the term “24 month flip” for so long now, I believe I have coined the phrase. In fact, for the purposes of this post I’m more than happy to take ownership of it, because this is an investment strate...
Peter Mikhjian
Capital gains tax strategy - 2 of last 5 years rental
Hello,I've got a question regarding a specific situation I'm in. I've got a property I used to live in for +2 years and then I rented it out. I rented it on 3.1.14 for a 1 year lease and I've resigned with him 3x ( ...
Kevin Dees
New member from Nevada
Hello Biggerpockets Community,I am Kevin Dees and I wish to learn more about real estate and network will fellow enthusiasts to find strategy and gain knowledge of tge many ways to gain wealth through real estate inve...
Jessie Huffey
Single Member Real Estate LLC for Flips?
Hi All,My husband and I have done a couple of "slow flips" in our personal names in order to take advantage of the capital gains exemption. We are now considering buying property in Louisiana (with a promissory loan n...
Matthew S.
Depreciation Recapture Tax
What is the best way to delay or avoid paying depreciation recapture tax? It is my understanding that when you sell a property, you are required to pay back all of your accumulated depreciation at a rate of up to 25%....