When I typed in "2018 tax plan" into the BP forums, I was surprised that I couldn't find anyone talking about the Capital Gains rule to selling your primary residence. Currently you must live in your home 2 of the pas...
I’m the older brother planning on paying all up front costs. My younger brother, new to his career with little capital, will be living in the house, paying rent, and acting as the landlord. I want to keep the agreemen...
After many hours of watching different podcasts, YouTube videos, and reading a ton I'm still confused and wanted some reassurance before sitting down with a CPA to go over my options.
From what I understand if you ha...
There were 2 commenters after this podcast, but no responses from anyone about their issues.In the podcast, it was not clear whether the person interviewed violated IRS rules about using self-directed retirement monie...
Scenario,Buy duplex 400,000note on 320,000Gross income 53kafter expenses, note etc you have a net income of 21000.00ok, you have put up, 80k, after your expenses, which include note, taxes, everything i...
My name is Craig. Years ago, far too many to be proud of, I had a partner crash a business on me and jump states to leave me with the debt. We managed foreclosed properties and the parts of the job I enjoyed, I really...
Trying to buy a small commercial plaza. Asked the owner if he would seller finance any of it, he replied “i would probably take out a second mortgage on it”. How does that work and what does it mean?
So hello BiggerPockets I have a question about Sheriff's sale or House auctions , like when they do the opening bid in NJ I noticed they do opening bid at 100 but say there max bid will be let's say 170k. The layer or...
Looking at a site called www.cashformyclosings.com that will finance the A B closing but I want the property for my self to flip so I want to deal with a hard money lender, so I'm not doing the B C transaction for I w...
I bought some land and may just happen to flip it for a profit. (sell it less than a year) Will it still be eligible for a 1031 exchange? And if the property I sell is in Oregon and the equity or profit at that point ...