Adam London
Finance, Build and Sell Texas: Worth the Risk and Reward?
Hello fellow BP Friends. I wanted to run a deal by you and see what your opinions are on the upside as well as one question I have about the taxes. Description of the DealA friend who just did this same deal introduce...
Jason W.
Real Estate License and investing
Hi All!!I'm a newbie to BP and real estate investing. I am interested in finally getting into investing or at least purchase my first home (eventually). I am eligible to sit for the California Real Estate Salesperso...
Robert Hubbard
First deal analysis, after home inspection. Should I walk away?
Hey all,
Got an offer accepted on first deal and after having the inspection I'm second guessing the purchase so I will break it down.
2 unit 4bd/2bth upper and lower
PP-130 with 25% down
Originally seller ...
Carl N.
1031: lower cost replacement property
I am trying to understand what my potential tax implications would be in this example scenario.1st property purchase:$600k with $150k down Sold for $932,5002nd property:Purchase price $1,925,000$385k down Sold for $2...
Andrew Galloway
Single Family Purchase Peak of Hot Market
Investment Info:
Single-family residence buy & hold investment in Mountain Pass.
Purchase price: $460,000
Single family, purchased near peak market 2022
What made you interested in investing...
Jeff Miller
Trying to be creative.
So here is my Idea, maybe someone can tell me if it is a good one, or not.I have a MTG on my current home, we have approx 40k in equity. I just inherited a 2 BR 1 Bath in Ogden,UT. It needs a little work to be rent re...
Aaron Meadows
New member out to learn as much as possible
My name is Aaron. I am 27 years old born in KY, spent the last two years working at a resort in Florida getting into the hospitality industry. I started a stock folio about 5 years ago I have the entire folio up 52.24...
Tanner Mar
New investor, partnership long distance
Hey BP, need some advice on partnerships and long distance investing.
There’s a ton of discussion on partnerships and long distance investing, but not a lot of guidance on doing the two combined.
Background:
...
Yoni Haiminis
Refinance tax implications
I am looking to do a cash out refinance on a property that has a lot of equity into it. Probably gonna pull out $75K. What are the tax implications on a cash out? Is this taxed like a regular income, capital gains, etc?
Steve L.
Selling a Rehab Property Above Appraised Value?
We've recently completed a rehab, we did a nice job and knew we'd run into appraisal issues. I think it will appraise at $230k, on a good day, but most likely $220k. There just is no comparable and few sales of simi...