Hunter Preston
Tax Implications for BRRRR?
I'm curious what the differences are for tax implications for a straight flip vs. a BRRRR? My understanding is that any profits from a flip will be taxed at my personal current tax rate as income. However, if I'm refi...
Jesse Phillips
Tax benefits ifits to Multiflamiy
Been listening to Real Estate podcasts on BP. talking about tax benefits to investing in Multifamily. I have no experience in multifamily yet. Why are the tax benefits they speak of? Would like some explanation on th...
Nisarg Gandhi
HOW TO AVOID CAP GAINS ON PRIMARY RESIDENCE
Hi All!
I recently (November 2020) purchased a property in Northern California and the market lifted quite a bit in the 12 months (18%+). Sadly i am having to move cities due to another job opportunity but didn't wan...
James Runkle
In escrow now. Should I close, or not? 2 duplexes
I have 2 duplexes in escrow before the coronavirus hit.
Cleveland, Oh //1031 exchange.
Would really like to move forward, but not if it is going to crash in value, or rents go down too much?
Daniel B.
Rental to primary residence to rental again and then sell.
Hi, We are trying to figure out if we would have to pay taxes on the sale of a duplex that was our primary residence for 2/5 last years, but unfortunately is more complicated. Property is a duplex, purchased in 2...
Bob Berry
Should I stay or sell?
Hello BP peopleI find myself on the fence, I have a owner occupied triplex in Venice CA I have owned this since 1995 the property has appreciated a lot looking at about a sale of 2.2 million My problem is that I can't...
Joe Martino
Sell or hold denver
Hey eveyone,I have a scenario that I would love another opinion on. I have asked about this property before, but I have not included my numbers before. I have a rental in Sherrelwood, CO that I owe 107,000 on. The to...
Matthew Terry
Quickest path to $20k\m passive income. CF:App ratio?
Hello BP Mates,Welcome back after the holidays, I hope they were fabulous.I'd really appreciate some stories of your experiences to illustrate your thoughts.I'm looking to invest in markets that have good cash flow fu...
Chris McDaniel
A howdy from Houston!
Howdy Y'all! Just stopping in to say hello and I hope to get to meet some new friends soon. I accidentally stumbled onto the site while looking into multifamily investing, next thing you know I'm listening to the pod ...
Stephen Jones
Is it better to have all of your rental property in one area?
Hi BP family,Good afternoon everyone. I own a total of 30 units just outside St.louis across the river in Illinois in a town of about 20,000 people. 16 of those units are about a block away from the other 14 units tha...