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Results (10000)
Thuy Pham-Satrappe Take profits from Flip to fund more flips or buy and hold?
19 June 2019 | 10 replies

Debating whether to use my flip profits into reinvesting in more flips and continuing that cycle until the market cools down and then switching my strategy to buying and holding (when it becomes more of a buyers marke...

Account Closed Do we really get tax benefit for rental property?
21 July 2020 | 12 replies

Lets assume a Scenario: A new investor who invests $150K on a first rental property. No other retal or home mortgages.
IRS: US govt already allows a "Standard Deduction" of S24,400 (Married joint filing). The other o...

Simond Wong Pls, Advice to transfer mom's property to me (Pennsylvania), TY
3 July 2020 | 4 replies

Happy FriYaY BP Fam, Thank you for your time
Scenario:
My mom has a Philly rental property that and would like to transfer house/deed from my mom to me and my sister. We ultimately want to then put the house under...

David Johnson Converting Equity in SFH into Multi-Family Strategy
9 August 2020 | 3 replies

Hey everyone,I'm currently in the process of evaluating real estate strategies going forward and attempting to convert the substantial equity I have in two single family homes into cash flowing multi-family properties...

Scott Gadea Can I write off a truck?
31 August 2020 | 13 replies

I owe 2 rental properties, (5 doors), in California. The 1st property is a single family home which is about 5 miles away from where I live. The 2nd property is a 4plex which is about 140 miles away from where I live...

Dan Goeckel investing in self storage facilities
27 May 2021 | 8 replies

Are there experienced owners of store and lock facilities on BiggerPockets that could help my wife and I understand what is a good deal? I understand price point and if there is "meat left on the bone" in the area but...

Wesley C. Rookie tax question
12 March 2012 | 6 replies

This should be an easy one for someone to tackle, but I'm very new at this. I close on my first investment property next month. Not sure whether to flip it or rent it due to tax considerations. I understand that if...

Kyle Hipp Advice on buying a property with my LLC to flip
5 June 2013 | 10 replies

Hi BP nation.
I am set to purchase a property to flip. I will be getting purchase funds from an investor and will pay for rehab and remodel costs from my personal cash. So it will be a cash purchase. My question is on...

J Pavao Should I get a 5 plus unit?
25 December 2020 | 9 replies

Hey guys. My head is spinning on the next step. 6 years ago I bought a 3 family. I currently owe 212k on it and it's worth around 400k. I'm selling my single family house now that I kind of did a live in Reno on. All ...

Angela P. 1031 Help! 3 Rental Property exchange for specific raw land
16 October 2020 | 7 replies

Hi Everyone - here's the facts, can someone help me understand if I am going to run into any issues or if this will work and I should pursue? 
I have three rental properties I am interested in selling and buying raw ...