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Results (10000)
Joe Gee Finished Fix and Flip, not sure how to calculate profit
16 March 2022 | 4 replies

I have a fix and flip completed and sold today but I am not sure how to calculate the actual profit. The cost of the house was 210k I borrowed 34k for the rehab. I would use my own money then the lender would fund it ...

Tanner Marsey 100k short term investment
20 September 2019 | 8 replies

Good morning. Looking for some advice, suggestions, opinions and guidance. I have recently sold a property and will use it to acquire more in the near future, however, looking to do that In about 6-9 months. Wondering...

Troy Halsey What is the best route to cash flow
19 February 2022 | 2 replies

Hello BiggerPockets my name is Troy, I have a very interesting situation and was trying to figure out the best route to take next on my real estate journey. I presently own two renters out right without mortgage and h...

Jonathan Jacobsen 1031 exchange - Contributing property to multi member llc
25 August 2022 | 4 replies

What are the rules for contributing a property into an LLC after the transaction is complete? I have a rental property that I will be selling that is owned personally. I will be exchanging this for another property th...

Sue Spencer Sale of rental house depreciation of appliances
3 April 2016 | 10 replies

First time I have sold a rental house. I've always done my own taxes. I have been depreciating the refrigerator, gas range, carpeting and tile flooring improvements separately from the house as they were improvements ...

Ty Moore Newbie Tax Question
9 January 2024 | 9 replies

I am planning to purchase a foreclosure this week for $161,000 and put $20,000 into it with the hopes of it appraising around $250,000. My original plan was to flip the property and sell it for a quick $40,000 or so. ...

Tyler Carpenter Starting LLC?
23 November 2008 | 8 replies

I am in the process of buying my first property in the next few months and at 6 months in the longest. I talked to a rehab lender and everything seems to be pretty good once I get them money from some of my investors....

Michael Perschke Bill my LLC for Mortgage
22 February 2014 | 6 replies

Hi, new member here. I own a home with a mortgage in my name (primary home). I recently started an LLC and am renting the home through the LLC. The home is not in the LLC, how can I have the LLC make mortgage payme...

Trist Baylon BEST TAX STRATEGY with W2, LLC and Partnerships!!!
1 August 2023 | 4 replies

Hi guys, need help with our tax returns. We've been going back and forth with the lender and our accountant.  We do have LLC; two houses in Huntington Beach with ADUs, STR in Big Bear under our name and our LLC and tw...

Craig Garrow Who can school me on Municipal Bonds?
14 August 2016 | 9 replies

Looking to get some info on Municipal Bonds. I've read they're relatively safe and about 2%-6% ROI. Anyone have personal experience? Thanks in advance.