Hello, I’m hoping there is a CPA in BP who can help me explain the 2 scenarios below to a seller. ***The seller has no debt on the property Offer 1: $375,000 (Bank Financing)Offer 2: $375,000 (Seller Financing)- 10% D...

Hello again BP,We are considering finding a home and Move-in/Flip/Sell/Move-out in roughly a year, maybe less depending on how well it goes. I am not understanding the capital gains tax for Minnesota. Am I taxed at my...

Hi everyone! I'm new to Bigger Pockets - Does anyone have experience investing in Qualified Opportunity Zones? I  am from New London County, grew up in Norwich/New London, and own a multifamily in Mystic, CT. My busin...

I have my single primary house that I’ve been living and flipping. I’ve been living in it for 2 years. Now I owe $137,000 and the appraisal appraised it for $240,000. That’s $103,000 of equity. If I sell it, ill walk ...

All, I am a real estate investor currently working on flipping my first property. I used a realtor to purchase a HUD property at well below market value. I am currently half way complete with the rehab. There is still...

There is a common belief that recapture taxes diminish the value of performing a cost segregation study. However, this perspective overlooks the strategic advantages that a detailed cost segregation report provides. ...

My parents (aged 81 and 89) have 3 rental properties that now have sizable equity of approximately 1.5 million. While the equity gain is nice these properties have low cash flow. They'd like to move these assets into ...

A home was purchased in my parent's name a few years back in 2015. I have been the one living and paying on the house since that time and may end up selling it this year. There will be a gain from the sale. The proble...

I have been on bigger pockets for a year now. I like the information, but a lot of it is basic and newbies asking questions on how to get started.
So my question is for pro members. Is the price worth what you get i...

I'm excited to share the before and after photos of my latest real estate flip! I purchased the property off-market from my employer, Rapid Fire Investments (a regional wholesaling company) at a discounted price of ju...