I just came across an off market deal that has a couple of houses already on it and is right next to an rv park. I think it has amazing potential but have no idea where to start with running numbers. I did, however, k...
The home that I currently live in needs a new driveway. I am thinking about keeping this house as a rental property and moving in the next year or so. Is there any tax advantage for me to wait and replace the driveway...
Hello all!
After reading about benefits of being a landlord, I have finally entered into sales contract of my first investment (kind of, will explain) condo!
Sales price is $280k and with $500 HOA and $600 tax month...
Hello BP,I started my RE investing journey in the RE Crowdfunding space in 2017. It has been a goal of mine to eventually become an active investor and flipping and buying to hold. It is my goal this year to get my fi...
I have been using a HELOC as a down payments on rental properties. My HELOC is running out now what? Also paying back that money is really eating up my cash flow. Is there any alternative.
Happy Friday BP Family! I'm so new to the investment game that I haven't done a deal yet. I am a real estate agent in NYC, but am considering investing in southern markets because they are more cost effective. Atlant...
Hello my name is Kully Millage. I got into the Realstate game last year doing only wholesales. Ive accumulated 3 properties now to hold and rent. Two single family rentals and one duplex. I'm looking to ramp things...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $5,500,000
Cash invested: $1,200,000
88 Unit apartment complex in Montgomery, AL
What made yo...
Are RSU’s taxed twice? Once as ordinary income when granted and reported as wages on box 1 of the W2 and then a 2nd time as capital gains? What if the 1099-b shows “cost basis not reported” for a RSU sale and is zero?...
I would like to invite some advice about this situation. We renovated our rental of 10 years in October/November 2022. We have a closing date in March 2023. Also, our income tax bracket for capital gains in 2022 i...