Andrew Rascoll
Fair Return to Investor for Financing House Flip
Hi BP Community,I am new to REI and currently have 1 STR.A friend of mine started flipping houses a couple years ago with 2 friends of his through a company they started (which, after speaking with him got me interest...
Sean N.
Huge tax shock that came back to haunt me.
So hearing everyone talking about doing cash out refi's to buy more property I did but it came back to bite me in the butt.I bought a rental house back in 2012 and naturally values went up so after a couple years I di...
Jami Krietzman
Fix & Flips = Commercial Construction?
Good Afternoon Everyone,I have been speaking with different people trying to get our team in place so we can commence with buying properties to fix and flip and properties to buy and hold. I just spoke with a CPA in ...
Enrique Avila
Looking for advise on Neg cash flow property
Hey everyone, I'm a rookie realestate investor looking for some advice on a rentel property. There's a lot for me to cover so I'll start with the question. Should I keep a rental property with a negative cash flow but...
Franklin Molina
Real Estate Ownership
Hello Everyone, My wife and I run very small management company that manages 85+ units in Los Angeles. My wife, the property manager, started off managing a small 18 unit complex and has slowly gained additional units...
Caleb Heimsoth
Impact of new tax bill (Forbes article)
Here a good article by Forbes that breaks down a lot of the new stuff in the tax bill.
It clearly mentions real estate at least twice. The author argues that those who sell real estate could be adversely affected ...
Tyler Demeter
I've Received a golden egg and I am unsure where to take it.
Hello all, I am brand new to investing. I have been given a golden opportunity with a private lender and I could use some guidance as to where I could use the money. The lender has agreed to finance the entire purchas...
Jason Graves
Have $708k cost segregation loss from $2018
If I sell a property with a $200k gain does my $708k cost segregation loss offset that gain?For example -$708k loss+$200 gain no tax $508 k carry forward loss
David Wild
Cash out refi affect future capital gains?
When doing a cash out refi to buy more properties, how does that affect a future sale of the property that had cash pulled out? I’ve read about it being done to close to each other and I know that’s a no go. But if I ...
Yawiney Yawiney
Capital gains question
I'm about to make over 500k on the sale of my home. It's been owner occupied for the past 2 years and my income in '18 and 19 has been very low. Under 20k.With that low income, can i still be charged capital gains?I...