Mark Beekman
LLC Sells Property -- Business Income or Capital Gains?
I just bought a SFH through my LLC and I'm still not sure if I'm going to flip it or rent it. One thing weighing on my decision are taxes.
If a single-member LLC owns a property, rehabs it, and sells it, are the prof...
Ken Sanders
Undercharged on HUD - 3 Weeks Later I'm Responsible???
I closed on a house about a month ago. Yesterday I received a call from my Title Company saying I need to write them a check for $10k. I went back and took a look at the HUD sheet and it appears that they wrote my dep...
Jason Bilbrey
How to deal with tenants who have done more damage than deposit
I just purchased a duplex with some tenants in one half that have been there for approximately 5 years. During the walkthrough, it's clear they have damaged all the carpet even though it was new when they moved in. Th...
Rawn Wilson
Lets share ideas in Pearland Tx
I’m in the middle of a few projects and hitting a creative brick wall. I would like to meet up with others in the Pearland / Friendswood area that have recently completed or are in the middle of projects to share idea...
Evarine Karanja
Getting started, no capital, working full-time & with a family
Can anyone advice me on how they got started while working full-time, with no capital since they have a family to provide for???1. How to get in-touch with lenders and Raising capital2. Transitioning from full-time em...
John Mossaad
Newbie Needs Advice On Maintenance
Hello, I'm a Newbie. I've actually been investing for three years (thinking and dreaming about it for 20 years) and I only have two properties under my belt and looking for a third. Our first deal was not a great one...
Gregory N.
New San Diego Member hoping to Turnkey
Greetings to all BP members from San Diego,Thank you for taking the time to read yet another post from California! I am originally from Minneapolis, but have lived in California for the past 20 years. I am a medica...
David Huynh
Credit Cards, 0% interest, balance xfer & playing the game....
Hey hey hey!I'm looking to get feedback on people who have successfully done this. I've never credit card hacked (unless you call what I did hacking) but I'd like to learn more about it. It started when I bought a pro...
Wade Stahle
Capital gains, selling 2 months before 2 years.
Hi BP,I am planning on selling my house before the 2 year mark. However, I am at about 22 months of ownership. Will I owe capital gains taxes? If so how much and how did you calculate this? Purchase price was $187,000...
Justin Pandolfino
Help Analyze A Deal For A Duplex Outside NYC
Hi BPers,I am new to the forum and have an investment I would like help analyzing.I have $150k and am deciding between buying and living in a multi family house or buying a single family house and investing the differ...