Brett Smith
Capital Gains Tax on House Owned Less Than Two Years
Bought a house (our first) we’re not happy with and plan to sell before 2 years of ownership. The market is hot so we might make a profit.
How do I calculate the actual capital gains profit?
When I calculate taxes...
Rich Hupper
Two flips this year how to avoid self employment tax
HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
Mike W.
How I replaced my six figure income in two years.
September will be 2 years ago that I started this process. My first purchase was a house I learned that trying to use family to do the rehab is a bad idea. That process only took me about 2 months I know I'm slow my w...
Colin Ghira
Seller signed two year leases right before closing on the sale
I'm currently buying a property upstate NY. I entered into a contract in May 2018 and the close is next week. It's a 5 unit building where at the time of signing, 2 of the units were rented to long-term tenants (I thi...
David Rocca
Easiest way to get financing to buy two properties a year?
Hello again everyone, I am still new at the real estate investing game and have a passion for real estate. My goal is to buy two rental properties a year for the next 5 years. How do investors buy quickly like this? I...
Nick Bitz
Buying two houses next year. Am i on the right track?
So here is a watered down summary of my plan, let me know if this is a viable idea. I am open to any suggestions from experienced investors.By March of next year I will have 40k. I plan on using 20K to secure my first...
Ellie Narie
Can self-employed without two years of income qualify for FHA?
Let's say the individual just graduated from professional school, and started their own practice/business. They are a contractor and receive a 1099 form. Do they have to wait two years before being able to qualify for...
Hung N.
New Here. Stilll learning. Got our first two properties ths year.
Hello, I am new to BPMy wife and I got into real estate investing this February.We bought a SFH as our first purchase (we told ourselves for practice) and we are currently renting it out through a property manager we ...
Bryan Hancock
So Is BP Better or Worse Now Versus Two Years Ago?
I PMed one of the long-time BP members several weeks ago that was complaining about "certain members" increasing their post count. He mentioned that he didn't post as much now because of the involvement of these new ...
Kumar Gaurav
Refinance makes sense now? If Planning to sell in two years
I will most probably sell in 2 - 5 yrs does Refinancing makes sense now?Thanks