Investment Info:
Single-family residence fix & flip investment in Lehigh Acres.
Purchase price: $56,000
Cash invested: $25,000
Sale price: $150,000
Live in flip; kind of an accidental investm...
Hello BP community, I am in need of advice on whether to keep or sell a condo (2 bed, 2 bath) in LA (Frogtown/Elysian Valley) that I purchased in 2017. Complex was built in 2017 so no rent control.Purchased $480,000,...
In my area houses will sit for a long time before they sell. How do these people flip 20+ houses per year while waiting for properties to sell?
Hello all!I'm active-duty military and have spent many years in construction as well as been a handy man for other people's rental properties. My wife and I generate a decent amount of income without having accrued m...
Doing a like kind exchange and seller financing 20% down payment for buyerMy question is- as the buyer pays the 20% back will there be capital gains tax on that? Is there a way around it?Thanks!
I am a L1 law student in Minneapolis and I took out a bunch of loans this year thinking I would quit my job while I’m in law school (stupid financial decision, I know). After further analysis, I decided to adjust my h...
hello. i'm trying to buy my first house and I have a question do I have to pay my property Texas monthly or can I pay the whole amount at the end of the year ? thank you for any answers .
I'm looking at purchasing some properties that are currently county owned. I'm just getting into real estate investing so I have a few questions. I have already determined market value, but now I'm trying to determine...
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...
Can a second home be rolled into an investment home property either using 1031 or if there is a tax shield like primary homes? This second home has only been owned for a little over a year and has gained some equity. ...