Although many out there believe that new investors should stay away from gurus and you can get all the information you need here on the forums. While I believe that the discussions here are invaluable I wanted to sha...
I'm looking for help answering some concerns I have about a duplex. We are in the final stages of closing on a duplex and I discovered mold in the property recently. I had an inspector come look at it and was given an...
I'm looking for some advice on making an offer on a deal I've been looking at. Here's the run down...A current investor is liquidating their entire portfolio (mostly SFR's and a few duplexes). It is listed with a rea...
I am new to real estate investing. I started out buying a property in Gulf Breeze turned into a STR. I just recently purchased a duplex in N Pensacola which came with tenants for 10 more months (unfortunately they’re ...
For awhile now I have had goals around real estate and really have progressed as far as I would like. This post is meant to document my journey to hitting my real estate goals as well as holding myself accountable. Go...
How long do I have to own a property before I sell it and the proceeds are subject to capital gains taxes vs. ordinary income? I believe it's one year.. but is that a calendar year (i.e. 1/1 - 12/31) or just 365 days?...
Various posts have touched on this already. Feel free to refer me to them. But I have what I feel are two simple goals.- Liability protection (I.e LLC)- Lowest possible interest rate (i.e. primary residence 30yr mortg...
Investment Info:
Single-family residence buy & hold investment in Bakersfield.
Purchase price: $253,000
Cash invested: $50,000
A single family home I bought to live in when was single and rented ...
Hi BP,I’m looking to acquire a non conforming duplex in Spokane Washington. The property is zoned as allowing for 2 units however it’s recorded as a SFH with the county. If I do not convert this to a legal duplex am I...
So I have a Solo 401K plan where I am the trustee, since the IRS allows loans on the Solo 401K to the participant. I have some questions on the IRS rules for loans from a Solo 401K? Is there a maximum term length? (i....