Daniel Black
Advice on Capital Gains Tax
Hi everyone,
I am very new to real estate, in fact, I haven't even begun yet. I have been a BiggerPockets fan for years! I listen to the podcast and attend the weekly webinars in order to learn as much as possible.
...
Chris Duzan
Business Entity Advice - Who am I looking for?
Hey guys,I'm still in the studying and research phase of learning real estate and right now and I'm kind of stuck on the business entities side of things. I have read several things that suggest treating your investme...
Chris Burke
Capital Gains Advice - Sell or hold
I am looking to speak with a tax professional regarding potential tax implications of selling our former primary residence that is currently being used as a long term rental. Trying to understand if we should sell now...
Babu Ramadoss
Why should we do 30 yr when compared to a 15-yr mortgage ?
Hi
I understand that people advice higher Cash ROIs to evaluate a rental (investment) property so that you will have cashflow. However, I am wondering why is it not a good option to go for short-term loan so that...
Henry Li
does it make sense to Refinance to pay off a home mortgage
Hi, Since the tax reform, the primary home mortgage interest we pay is no longer a deduction. In this case I'm thinking maybe I should refinance an investment property to cash out the exact amount to pay off my prim...
Marshall Secord
Philadelphia SELLER'S closing costs
Hey BP, I'm new to the platform, but would love to get a little insight from any flippers in PA, specifically Philadelphia. I've got my first house in Philly under contract and am wading through all of my closing cost...
Jeff Duford
Use a HELOC or Cash for new HVAC unit?
I just bought a rental property that needed a new HVAC system. Total cost for new unit (and AC) is $6500. I could pay that from cash in my checking account, or... I could use a HELOC from my primary residence.I'm cu...
Ragan Manning
Best options for selling 25 acres
I'm working with someone who is trying to sell their land with a pond (no structure). They are hoping a commercial company will come out and buy it since the location is right outside Houston, Texas on 25 acres. The s...
Annie G.
Does paying off a HELOC count as a 1031 exchange?
Hi All, Does paying off a HELOC count as a 1031 exchange? As a theoretical, if I took out a HELOC on my primary residence, used that capital to purchase, rehab, & then sell an investment property, could I use the ...
George P.
offset rental income with rental loss ?
trying to find the answer but cannot find anything useful.... * I have a rental property that produces 7k rental income/yr.* I want buy a (vacation) rental property that will produce 9k of rental loss/yr.* our MAGI ex...