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Hello Everyone,I am a newbie investor looking for multi family properties in San Antonio,TX. Found a rehabbed one (old home) near Randolph AFB next to windcrest where there is a STEM school . I am not aware of the ar...
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Someone reached out to me about selling a primary residence they've owned for 14 years, and rented out for the last 18 months.
I know just enough tax stuff to be dangerous.
The gain on the 14 years is tax free up to...
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The reason I ask is, at the foreclosure I just bought, the neighbor claims there used to be about eight cars parked at the house, and tons of people living there. He may be exagerating but clearly there were too many ...
Hello BP. Thought this one was a tough one that only a CPA could figure out and a good learning lesson on how to take title. What will he/mom be taxed if they sell? Can taxes be avoided? Had someone come into my open...
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Hi All,
I own a primary residence in Katy, Texas, still have about $325,000 to pay off. Interest is 2.85% (bought during COVID). I do own a rental property in Texas, interest rate is 4.8%, and it has a lower mortgage...
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If you are in a relationship and want to invest, there is one thing you must be sure of before you start your journey.You have to be on the same page about real estate investing.Almost every story of a successful inve...
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Hi,
I just joined and wanted to take a minute to indroduce myself. I am still relatively new to REI, getting started a little over 2 years ago. I've done a couple of flips and currently have 4 SF rentals. My goal is ...
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New landlord here, due to inheriting my parents home. So I'm pretty "green" in all of this. Pls be kind.Have a 1 yr lease (drawn up by realtor) that is set to end Nov 1st. Unmarried male and female are on the lease...
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I introduced myself when I first joined BP a couple of years ago but very quickly lost touch after making some life changes, so I figured a re-introduction was in order. I'm Chuck King from Bessemer City, North Carol...
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I am looking into buying a multi family property and for some reason I think that 2 bedroom units can be in higher demand since I am thinking they can re rented by single people, married couples and possibly couples w...