We're planning on selling our SFR rental property, and we'll net at least $90k. We're also be listing it for $85k more than what it was purchased for (it was originally owner occupied, and has been a rental for 5 yea...
I have a duplex under contract in the University Place, WA for $600k. Both units are 3 bed 2 bath at approximately 1.1k SF each with attached garages. Both have leases for $1,895/mo. I just applied for a loan which I ...
Investment Info:
Condo fix & flip investment.
Purchase price: $165,000
Cash invested: $25,000
Sale price: $250,000
This was a 1/1 in Uptown Charlotte. The condo had been owned by the origina...
Hello BP community,
What are the tax consequences of paying off a line of credit that was used to purchase another real estate property?
Here’s an example of what I’m hoping the BP community can help me answer:
...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $134,000
My second home I bought, turn key owner occupied property. After 3 years, I moved out and turned it into a lon...
Was looking at cadet heaters that had thermostat controls and are efficient. I have always liked the idea of just heating one small space as opposed to heating the whole house when it is very cold outside. This would ...
I currently own a up and down duplex and am house hacking it. I live in the downstairs unit because it needs more renovations and I am treating it as a live and flip. The upstairs unit has hardwood flooring and you ca...
Investment Info:
Mobile home buy & hold investment in Panama City.
Purchase price: $30,000
I purchased this Mobile Home and used my prior residence as collateral resulting in no money out of pocket u...
Investment Info:
Single-family residence fix & flip investment in New Smyrna Beach.
Purchase price: $54,000
Cash invested: $27,000
Sale price: $115,000
On this project, we evicted current ten...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $220,000
First deal I had partnered with someone on. It was a good learning experience with a great partner. Beca...