From a tax perspective are there big differences between a 1031 exchange and reinvesting gains within the same tax year? I buy and sell property with an LLC and just closed on a flip with a $60k profit. The sale price...
Hi all, I am currently new to BP but am interested in investing in rental homes in Cape Cod. I would like to know if anyone has experience in the area and can speak to the long term/summer renter as well as what your ...
I'm wondering if anyone is an expert on or has experience with doing a 1031 exchange with two homes for sale at one time? I have a condo in St Petersburg, FL, and a home in Northern Colorado and I'm wondering if I ca...
Hi BP!I’m Active Duty Coast Guard and moving to San Diego in the late summer for Grad School at UCSD. Since I need to be within a short commute to the school, it really seems like the housing market is a little too ex...
For those of you who have partnered up with a contractor to do a flip, would you mind sharing what your partnership terms looked like? Did you have a real estate attorney draft up a contract? Many Thanks,
So, I've come across 2-1- rate buydowns a few times recently. I understand the general concept of it don't really understand the mechanics of how it works. I was hoping someone could explain how you work this into a c...
I have a sfh for rent for $1550. Received an inquiry, older lady from out of state. Looking to move near her daughter and grandchildren. She mentioned on the phone she's looking for long term. After showing her the p...
Hello everyone, I was hoping to get some advice on ways to finance my first rental property. I have little credit built up, so I am wondering how I can get a loan from the bank or a third party lender. I have 50k in e...
I talked to an agent yesterday about a property I'm interested in. He seemed really nice and in talking I found out he has four rental properties himself, but when I mentioned I am considering using a hard money loan ...
Hello all, I am newer to the BP community and recently just kicked off my journey as a real estate agent in SW Montana. I have always been interested in real estate investing and want to get into my first deal and get...