Mitchell Litam
Is BRRRR a risky strategy for first time buyers?
Hello BP Family!After listening to multiple podcasts and reading books it seems like the BRRRR method is well received and makes so much sense because it allows your money to go further.My question is it tougher to do...
Dominick Johnson
Using Retirement Funds for REI Success Stories
Is anyone using a Solo 401k or other retirement vehicle to purchase REI? Let’s hear your success stories and advice.
Ginger Mermer
Multiple properties- how to afford
Hello everyone,
I’m very new and trying to learn as much as I can. Please go easy on any dumb questions I may ask.
I am closing on a property in a couple weeks that will net me about $12k once it is rehabbed and so...
David To
What is best way to go after a tenant for rental debt?
I have a tenant that owes me about $30K in rental debt in San Diego. I will pursue through small claims court after March, 2021. The problem is this.1) when tenant moves out, they don't have to provide me a forwarding...
Joshua Herrera
New and Looking to Get Into STR
Good afternoon Bigger Pockets Community!My name is Josh, and I have decided STR may be my next step in life. Currently deciding to do it as a side hustle until it proves to be a worthy 9-5. Any guidance is much apprec...
Seth Deitchman
New member in GA - Interest in Tax Liens & Deeds
Hello all - I am new to Bigger Pockets which looks like an interesting forum. I am a Tax Lien & Tax Deed investor. Always looking for new investments, insights, opportunities, partnerships, ideas, support and am...
Steve Dudeck
1031 Exchange Question
I have a question on what I can do out of a 1031 Exchange. I'll use round numbers to look for an answer from you guys.
I have an investment property that I purchased for 100K with 20% down. I am setting up a 1031 Exc...
Account Closed
Do I need a CPA?
Hi Everyone,I bought my personal residence this year, rented my property on airbnb and finished a flip as well. The flip just hit the market recently but it's not sold yet. I spent about 60,000 on the rehab. Should I ...
Shay Kent
Do we owe capital gains? I disagree with my cpa. advice needed, thanks!
We lived in our primary home for 3 of the last 5 years. We rented it out for a year and then sold it. Do we owe capitals gains on it?Our CPA says that as soon as we rented it out it became a business and we have to pa...
John Alosio
Depreciation Recapture with low capital gain.
Hello BP family.I'm here today with a tax question relating to the sale of a rental property.I have a property under contract right now, my sale price is right around my cost basis.For depreciation recapture, I unders...