Jeff C.
Severing one home into two
Hey all,Looking for some feedback on this idea. I sent out a mailing campaign to expired listings to a few cities in Ontario, Canada, and I received a response back from a motivated seller. This property has 2 address...
Victor Williams
Most expensive area of real estate (ie contractor, real estate agent etc etc.)
Hello all, hope you are doing well. I was wondering what areas of real estate cost the most and what areas are best to do yourself. I am good with my hands and can do the contracting; I am good with numbers; I rath...
Gina DiMasi
Property Management LLC
Hey there, Looking for any and all advice regarding starting/operating a property management llc. Main concerns: 1. Does my llc have to be in the same state as where my properties are if I don’t own the properties? 2....
Willie Webb
1031 Exchange - Flip House to Rental Property
I know this may be a silly question for the experienced REI and CPA's; but is it possible to roll a 1031 exchange from a flip house to a rental property. I know that the investments from the 1031 exchange has to be of...
Sakarin Koonopakarn
Excited to be a part of the BP community!
My name is Sakarin, and I am a new member of BP & an investor looking to build on my first deal in North Central and Central Arkansas. I am looking to network with other investors, build a renovation team, and sca...
Mark Giles
New Investor in Dallas
To all Readers and Members of Bigger Pockets,I hope this post finds you well. I am here to introduce myself to the BP community. My name is Mark Giles and I currently live in the Victory Park area of Dallas, Texas. I ...
Cameron Kolling
Mobile Home Park Depreciation
I am in the process of buying a small MHP consisting of nine lots with eight of those lots having trailers on them that will be purchased with the park. I am not finding a clear answer on how those homes will be depre...
Ryan Lowe
Tax Strategies for High Income Professional
Hi - I am a new investor starting to invest in long term rental properties. I am a high income W-2 earner based in NYC. What tax strategies do folks recommend? This will be a passive investment.
Joann Lim
Ex-pat in the UK - Double Taxation
Hi, I'm an ex-pat living in the UK looking to invest back home. Anyone have experience in how we're taxed? I am getting mixed information. I hear we are taxed twice (UK accountant) but I see we there is a double taxat...
Account Closed
Tax question
Do long term or short term gain affect your tax bracket. If you want to know what your going to pay in short term gains you need to know your tax bracket, but since short term is ordinary income, doesn't that change ...