Hi all, I have two properties that were part of a 1031 exchange I completed a few years ago (sold one property, bought two). They are now in an LLC, and I am looking to sell one of those two properties in order to pur...
Im finishing up a flip and will have 150k after its sold. should i put this money toward my primary residence mortgage and eliminate 18yrs interest essentially doubling my money? i see this being similar to Brrrr. My ...
I have come across an opportunity to purchase a SF home before it hits the MLS. Owners are retired and home is paid off. They are wanting $150K but they know it could sell for as low as $140K with repairs needed. Tax...
Embracing New Opportunities in the New Year
As we transition into the new year, it's imperative for savvy investors to keep abreast of the evolving landscape surrounding retirement savings plans, especially when it c...
I've been on BP for a number of years, mostly in the shadows learning and focusing on my career. I'm in a position now where I've saved enough for a down payment (and then some), and have officially started looking at...
Hello BiggerPockets community! Happy New Years! I wish you all a prosperous year. My wife and I have decided to take the leap of faith this year to become real estate wholesalers in the Sacramento/Elk Grove area. ...
Hi everyone, Thanks for giving me this opportunity to be the member of this community. Given I am new here, first question. I recently bought a rental property in a top area in Charlotte with 20 percent down and 15 ye...
Real estate investors are constantly seeking strategies to maximize returns and defer capital gains taxes. The 1031 exchange, a provision in the U.S. tax code, has emerged as a powerful tool for achieving both objecti...
Not sure if this is a 1031 exchange question or better suited for another forum:If I sell a rental property and, in turn, use the profits from that sale to pay a GC to rehab a 4-unit property I purchased in February a...
Investment Info:
Single-family residence buy & hold investment.
This single-family property, acquired in June, is a key piece of a visionary development in Morganton. Renovated with cosmetic updates for ...