Derek Bell
Capital gains tax implications on warehouse sell
I bought a 1.3 acre IWD parcel in 2018, built a 15k sf warehouse in 2019. I will be selling the property this year. Will I pay long term capital gains tax on the earnings or will I have to declare the earnings as inco...
David Rutledge
1031 exchange question
Hi Everyone,
I own an investment property that I am considering selling for around 200K (bought it for 150 4 years ago)
In the next 6 months I plan to also buy a primary residence first and after that two addition...
Dan Baker
Foreclosure Financing
I'm currently renting at a very low monthly payment. I have about $24,000 cash saved and have found a foreclosure at what I believe to be a good deal. The home is in a highly sought after area and is in great conditio...
Albert Comas
NYC - Live in Flip Project
Hi all, I am currently looking for a property in manhattan in which is large enough that I can create a 1 bed room flex. Any ideas on any neighborhoods in manhattan that may be facing some upside in the near future (5...
Kirky Galt
Need help with rehab cost for property in La Jolla
I’m working with an elderly seller in La Jolla that will likely be facing a short sale unless we can improve the condition of his property before resale.The property currently has a reverse mortgage of 1,164,000. The ...
Miles Hughes
Multi Unit San Diego 1031 Exchange
Hi all, I'm currently selling my triplex in University Heights in order to 1031 exchange into either more units or a good value add 2-4 unit. I'm not liking too much of what I'm seeing on the MLS so I thought I'd ...
Kameeka Shirle
Potential Off Market Deal - Where Do I Go From Here?
Hello! I was driving around today and was looking into some of the houses I found. I found a potential off market deal. After doing a property search for the owner, it seems the owner is an older couple that owns seve...
Chris Dittrick
New BC Speculation Tax
Wondering what BP'ers think of the newly proposed BC Speculation Tax? (for those not in the know, see http://www.cbc.ca/news/canada/edmonton/speculation... for details) Seems that actual details are light and not even...
Yogi Shah
Marketing for Newbees
I'm a newbee & trying to find homes for 2 types of investing in my area:
* flip
* lease options
Looking for least expensive/most results marketing venues. Ideas / strategies welcome.Also, I purchased a bun...
Exo Dallas
Purchase Price for Rehab and HOLD for Rentals
Hey Everyone - I've search a this forum and a few others and I've seen a lot of 'equations' for Buy/Flip as being AVR(*70%)-rehab cost=max purchase price. NOW, my question is, what about non-flips? Is there a good e...