Sam Brown
gains on land sale and purchase
Hi, I have a primary residence on a large piece of land. I'm selling a lot from it (say for $300k) and at the same time buying an adjacent lot (say for $100k). How does capital gains work in this case? Can I claim...
Jim Froehlich
If You Had A Million Dollars (on "paper flip), what would you do?
Remember that late 80s/early 90s song? I'm guessing the Barenaked Ladies meant "tax free" million. So, if you pay for an entitlement phase of a development (apartments, townhouses, single-family homes) and then you ...
Matt R.
How much is "enough" reserve for vacancies?
Hello all!I have one rental so far, and each month, I set aside 1/12th of the gross rent for future vacancies. Since my property has been rented for two years now, I have enough money in the vacancy fund to pay mysel...
Fahad Siddiqui
Syndication Partnership Contract
Hi Everyone,I recently started syndicating deals with a group of investors on a single property. We are buying distressed properties for the purpose of fix and flip. We are looking for a guideline basis template of a ...
Todd Dexheimer
Mobile Home flip - out of State
I have done well north of 100 flips (buy, rehab and sell). Some have been real home runs and others not so much, but this recent deal takes the cake! My oldest brother has dabbled in REI for years and has talked to me...
Michael Vaughn
Purchasing a note with no payments
Hello fellow BP investors. I have gotten a lead to a deal that is basically buying a note that was just created a month ago, buyer gave down payment of 25,000 on a house sold at 75,000, and the seller is now trying t...
Robert Polanco
Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.
Eric P.
Rental Real Estate Loss Allowance making over $150k...
Can someone better help me understand how the Rental REal Estate Loss Allowance works? I was surprised to find out I'm going to owe $3,800 in taxes this year. I have just over $17,000 in losses from our rental prope...
Gio Fuentes
Experienced Investors give me your opinions on this deal
I am a newbie looking for experienced investor’s opinion.The deal:4/2 Duplex in C neighborhood built in 1985Current rents 975/unitMarket Rate: 1200-1300/unitPrice: 300k (-25% down = 225k financed)Repairs/rehab: 15kI’m...
Marty Hyland
How Many Partners is Too Many
I'm preparing for my first flip in Q1 next year. I work in new home sales so I have a finger on the pulse of the market here in Houston. I'll be using agents that I trust to help pick the right property. I'm weighing ...