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Results (10000)
Syman Scarpellino Tax Code 179 help understanding
21 April 2022 | 4 replies

Hi BP Community, 
I am a little hazy on tax code section 179. 
I am a reasonably high income earner (W2) and gaining momentum in the RE investing world. I am looking into getting my RE license and opening up a manag...

Justin Haughton House Hack - SoCal -Corona, RIverside, Ontario, Irvine,etc -
12 January 2023 | 20 replies

Hey BP fam - new investor here, looking to do a house hack in the inland empire. Trying to get something together by March of next year - under 1MM, ideally 3-4 plex, seller financing preferred. I know CA has stipulat...

Michael Seeker Best structure for flipping
5 March 2012 | 19 replies

I'm about to finish my 2nd flip and am looking to purchase my 3rd within the next 2-3 weeks. The first two were just purchased and held in my own name, but I'm wondering if this is the best way to do this?

I have re...

Andrew Johnson Is dinged credit worth it
16 November 2016 | 23 replies

Hello BP! I want to thank you for the help.I'm going to get to the point so i don't lose help. Basically i have a 500/mo auto loan and i want to know if it is worth it to walk away. I am in the learning phase of inves...

Robert Anderson Trying to figure out taxes on my first flip. Capital gains or no?
9 March 2017 | 5 replies

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...

Paul Hutton borrowing cash from my corp.for rental purchases tax implications
28 February 2017 | 9 replies

I borrowed cash from my canadian corp to buy rentals all cash in the florida market. I will wright up a loan to myself from the corp to an interest rate that will completely offset any tax owing at years end from the ...

Peter Tryon Land Contract
21 March 2013 | 8 replies

Hello everyone,
I am new here so I apologize if this is the wrong section to post this.
But..I am currently working on purchasing a multi family property using seller financing. I have negotiated a price and set term...

Tim Siocheng New planned tax laws
8 January 2021 | 4 replies

Now that we will be having a new president soon, i came across an article from marketwatch about the new real estate taxes.

https://www.marketwatch.com/story/10-biden-tax-proposals-that-will-sail-through-a-democrat...

Jonathan Ward Selling property... Sister can't report sale to IRS this year.
1 April 2021 | 5 replies

Hi,My sister and I rent a property that's in a Revocable Trust. Our tenants have given notice and will be out by 5/1. Being an 87 yr old home, I would like to sell the property. She and her husband have been hit hard ...

RICARDO RUIZ 2 QUESTIONS
14 January 2008 | 33 replies

1.

I am curious how many of you guys own your own home? I ask because my focus for the past several years has been paying off the mortgage. Now that I can see the light at the end of the tunnel I can feel comfortabl...