Michael Cummins
Tax savings question on the sale of an income property
I was curious if anyone out there in biggerpocketsland knew of a good book or guide concerning tax savings for an upcoming sale . I decided not to do an exchange. Besides contractors work and depreciation I am not su...
Christopher Erwin
How to Structure a 1st Home Conversion + Co-Investment?
Seeking advice for a friend --> His bro just bought a 2nd home, and he's talking to his bro about keeping his 1st home and converting it to a rental property. My friend would like to invest in the 1st home.How Woul...
Donna Jones
Real Estate Transaction - General Ledger Question
HELLO ALL:* Our two-member LLC (husband and wife) purchased a tract of investment property.* Our son contributed $$ to our LLC towards the purchase of the investment tract with the agreement that any gain at sal...
Brandi Smith
First Investment Property
My husband and I have a goal to buy our first investment property this year by using the capital we get from selling our current home. The net proceeds on our current home will be around $245K once we sell. We are abo...
Jazmyn DuBois
OZ investing in a rural, cheap market
I am a newbie investor, only done research so far and trying to establish my plan. I want to get into opportunity zone investing and I’ve done a lot of research but couldn’t find much about owning a small real estate ...
Bjorn Roll
Is a Cost Segregation Study itself tax deductible?
I haven't been able to find out if the cost of the study itself, which can cost thousands of dollars, is tax deductible. If it is deductible, can the whole cost be deducted the year it is done? Thanks in advance! (The...
Vincent Martinez
Refinance or sell paid off rental property
I have a rental property that is paid off and I am wanting to pay off my primary residence which has a mortgage of $180,000. My question to the group is do I sell my rental property that is paid off and end up paying...
Lisa Hoynes
Fix and Flip Bismarck capitol area
Investment Info:
Single-family residence fix & flip investment in Bismarck.
Purchase price: $200,000
Cash invested: $17,800
Sale price: $239,000
Purchased a foreclosure property. Moved into ...
Jason Brown
Wilton Manors Private Lending deal
Investment Info:
Single-family residence wholesale investment.
Purchase price: $250,000
Cash invested: $262,000
Sale price: $376,000
Solid wholetail deal. Little longer on the hold period but pro...
Judy Graff
RealtyMogul and MogulREIT
Has anybody had any experiences with RealtyMogul or MogulREIT? I am inexperienced with REITs, but they don't seem very well capitalized from their offering circular. Thoughts?