i was told by my mentors that the tax rate is very high for the capital gains for flippers and wholesalers compare to landlord. I understand the landlord part clearly, however does not know how much tax does a flip...
I've always been a fundamental real estate investor, buying single family homes in Austin after the stock market dot com crash when foreclosures were plentiful and renting them until the market came back. Moving into ...
I purchased a SFH back in 1995 for 220,000. Lived in until 2001. Converted it to a rental in 2002. It's been a rental ever since. Renting for $3650. House is valued close to 1.5 million. Should I sell or keep it as ...
Hi everyone. I'm brand new to BP and looking for some opinions/advice from all of you experienced investors. Here's the question:If you had roughly $850,000 cash to invest in buy-and-hold properties, and your prioriti...
I thought it would be a great learning experience for newbies and pros to post your recent direct marketing results on this thread. I'll go first:
Last night I sent out my first direct mailer. They were yellow letter...
So I currently own a place in Golden Colorado. It is a townhouse that currently cash flows about $500 a month. However since I bought it in 2010 and that market has gone through the roof I now have over $100,000 worth...
We are considering buying our first multifamily property in Ohio and plan to hold it within an LLC. We're trying to decide between forming the LLC in Ohio or Wyoming.
We've heard Wyoming offers stronger anonymity wit...
Hola - rookie investor here. I own a condo in Miami that is under a Florida LLC (I used to live in FL). I am looking to buy a property in Tennessee or Arkansas. Is it better to open an LLC in the state where the prope...
I have been toiling over investing in DST 1031 Exchange vs cashing out by paying capital gains. I have read many DST PPM's and have come to conclusion the Sponsors are the only one that can reliably profit from these ...
Hey BiggerPockets! I’m Alex, a recently re-licensed real estate agent in SW Michigan, back in action after five years off as a stay-at-home dad. I’ve completed my ABR and MRP certifications, finished the Southwest Mic...