I'm curious to hear where people have their money these days. You just made a killing off a flip, sold your personal home in this crazy market, inherited a chunk of cash from family, etc. You hear a lot about the grea...
I'm new too all of this and Im wondering where is this MLS everyone is talking about? I searched it and i find, "TheMLSonline.com, mls.com, realtor.com, and zillow.com all kind of say they are MLS. Are they and what i...
Hello everyone,I bought my 4 unit building for $175,000, Saint John NB, in 2019 I could sell it now for $450,000. Rents together are $3400 each month. A home run i would say. Im moving to San Diego next year and want ...
Hey BP,Not sure if i'm posting this in the right place on BP but I must ask. I have a signed purchase agreement a local investor is selling on contract, a SFH which I plan for long term rental out of state. Upon compl...
Hello BP panel,I have a question about capital gain taxes -I recently sold my (3) multifamily properties, netting me about $500-$800k.I started with the intention of conducting a 1031 exchange (still ongoing with escr...
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%....
I am trying to decide if to use self directed IRA or cash to invest in a syndication project. Is there any advantages such as tax savings, depreciation for using Cash? I understand that using IRA it could be subject t...
Hey Everyone,I'm looking for some advice on how to best defer capital gains taxes on my next fix and flip project. I'm partnering up with my brother in law to flip a house that he owns but has been renting for just u...
Let me first say that I'm a newbie investor currently in the education stage of investing (books, podcasts, meet-ups, etc.) While I was reading J Scott's book this morning on flipping houses I've noticed that he, alon...
Good morning,I am currently working a 9-5 in property management and am wanting a way out. I am 22 and have been working in property management for close to 2 years now. I look at the people above me and what they hav...