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Background: I'm about to close on 2 duplex's and 1 single family in Kansas City, MO. The average cost per home is $175,000. I live in NYC and I'm having a Property Manager oversee everything. I've been looking for quo...
I'm about to sell a house I bought for $290K in 2009 for $365K. We lived in it from 2009-2015, and have been renting it out the past 2 1/2 years - so we won't have to pay capital gains tax on the sale - since we pass ...
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Hi there! Just got a question about what the capital gains tax rate is on selling investment property is these days? Not sure I know any more with the tax law change this year. I've only purchased investment property ...
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Hello BP,
I read the book Investing in Real Estate With No and Low Money Down by @Brandon Turner and I found a partner that is going to put the down payment. Where do I go from there? Does he wire me the money or do ...
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Hi,I'm running the numbers on a 4/2 in a neighborhood between Lauren's Valley & Campbelton road. Once the house is complete, I'll be looking to rent it out. Can any of you landlord's in the 30311 area post your ...
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We recently foreclosed on a 3/1 SFR in Indianapolis and I'm looking for recommendations for a contractor to do some cosmetic repairs before we put it up for sale. Thanks,Bob
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I have a question about property taxes and in how investors are calculating what their taxes will be when doing deals. In my state of SC the way property tax is assessed for rentals is (assessed value x .06 and that t...
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Hi there,I posted here as a new member 8 month ago. Basically, we finally sold our negative cash-flow condo in south MA and at least got our loss stopped. We plan to buy a single family in a very expensive town - Well...
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My wife and I are currently in the process of creating a trust which will hold all of our long term rentals. I am also looking to sell one of my out of state properties. I contacted my exchange company to set up my 10...
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Hey BP community, I am new to real estate investing and am glad that I found bigger pockets to help me learn, network, and grow. I grew up in the Midwest and am 23 years old, about to close on my first deal which is ...