Larry Lim Jr
Personal Introduction, Goals, and Thanks!
First of all. Thanks in Advance for all information that everyone in here provides.
Found this group, in one of the investor forums off Facebook. I've learned a TON of information from groups/forums in the past 21 ...
Ernie Hogue
How are option fees taxed?
Hi BP community. I searched in the Tax and Legal forum, but didn't see this question answered specifically. I am trying to determine how lease option up-front option fees are taxed. My understanding is that they are r...
Drew Davis
Crested Butte Conundrum
First time post, long time lurker.We purchased our first STR in Crested Butte, CO in November 2019. It was a new construction townhome in Crested Butte South (7-10 minute drive to town), and we paid $550k. We went liv...
Eric Doe
How to Calculate taxes
We successfully flipped a house and had it for 2 years. How do we determine how much money to put aside for taxes?
Katie Sorensen
Valuation of rental portfolio
Hi all
We are considering selling our rental portfolio in OH and could use some help with the valuation of it.The basics of it:12 properties and 15 units from 11 SFH and one 4-plexMost are in Toledo, one is in Maple ...
David Gates
Taxes: Selling 2 Properties Claiming Exclusion of Gain + Partial
I sold two properties last year, one of which was a rental, but both pass the look back test. Would I be able to claim the exclusion of gain for my primary residence and claim a partial exclusion for my renal or vise ...
Lynn Harrison
rules in California PML, residence?
Hi,
I was on the forums a bit a couple years ago. My fiance and I were looking to invest in one REO and rent it out. A lot has changed since then, for one, my fiance died.
Before he died I found a PML t...
Lauryn Drew
Quick question about funding a multi-unit marketing champaign
Hello Everyone!
I own and operate my own wholesale business. Luckily, I have had an overwhelming influx of investors with huge appetites for multi-units in Paterson and Newark NJ. However, I am experiencing ...
Robert Anderson
Trying to figure out taxes on my first flip. Capital gains or no?
Hi, I purchased a house in Rockland Ma last May 27th 2016. It is a flip, and i'm getting ready to put it on the market. I am trying to figure out what I will owe for taxes. I'm looking to be creative and maximize my r...
Disi Zhao
should i sell this rental or keep it???
Greetings RE pros, I wanted to get some advice on if i should sell my rental property? Please see below details.I have a fixed 25 year mortgage with 3.375% interest rate. currently renting for $1925 with expense and e...