I am an investor out of Central California and I want to make the jump to start buying rental properties in Las Vegas. Anyone else out there who already own rental property in Vegas? Are you buying single-family homes...
Hello all, my family is planning to do a 1031 exchange where we sell a multifamily building we own in New York, to buy a piece of land in Texas and turn it into a manufactured home community. Funds from the sale would...
My first rehab is set to close in less than 3 weeks.. I rehabbed the house and all repairs and costs were done in 2012. My question is for my taxes, do I need to do anything with my remodel receipts or anything for 20...
I purchased a home for $7500 at auction. I have put $25K into the rehab of this property and am about to list the property for $70K. What is the basis when finding a "like kind" property of "equal or greater value?" T...
Hey Everyone! So I'd like to gain some feedback from those who are fairly knowledgable in dealing with Capital Gain Tax on selling investment properties. From my current understanding Capital Gain Tax are assessed bas...
I found several posts about QOZF on BP but don't have a satisfactory answer to this question yet. I know a turnkey property that is doing some new construction in an OZ. I am pretty sure they must be using some of OZ ...
Hello,I moved to Charlotte 9 months ago and am looking to buy my first property - ideally a duplex - later this year (if timing works) or early next year. Looking to connect with agents around the area. I'm open to bu...
I listened to a BP pod cast last month and someone said if your business is to flip homes, you do not need to pay capital gains tax for less than 12 months. I mentioned this to my CPA and they were not aware of any s...
There are many myths in real estate real estate and I want to debunk one right now.
Many real estate professionals tell clients not to buy a mobile/manufactured home because they do not go up in value, this is a lie....
Anyone here invested yet with Groundfloor? I'm thinking of trying it.