Jason Thomas
Investor wants to start flipping and hire me for the construction
I am, Jason, the owner and sole manager of J Thomas Construction, LLC based out of Gulf Shores, Alabama. I approached a friend about a year ago about wanting to find someone to partner up with and start flipping ...
Travis Buchanan
Tracking the Money/Expenses
Hi all,I think I got some advice on tracking expenses and such when I started out, such as "never pay in cash, always write a check" etc. I was hoping to get some better defined guidance from the community.1) For the...
Paul Doherty
In a 1031 if I take out part of the proceeds what happens tax-wise?
If I sell a property I own completely (worth 175k after realtor's fees) and want to keep 50k of the proceeds and 1031 the rest into 2 or 3 new properties how do the tax consequences play out? Do I pay 15% on, say, 58...
Joy Allen
Turn key Opportunity zone investment
So...
can I take a qualified capital gain and create my own opportunity zone fund , then inlist a turnkey operation to sell me a house in an opportunity zone the charge me for the rehab after the sale and cover the b...
Michael Berth
How to successfully invest in a syndication
Hello everyone I am reaching out to see if syndication investing is right for me I want to invest in real estate multi family properties but I want to be hands off just put money down and get a check each month how an...
Mario Pons
Buying my first Short-Term rental, any tips please?
Hi guys, Been a BiggerPockets supporter for years, and I'm finally getting my first Short-Term rental (Condo on the beach). Do any pros have tips for me?I want to have a couple of questions lined up for the agent and ...
Maulik Vachhani
Need help if i should do a cash out refinance
Hello friends, Being a newbie to this, i wanted to get your expert opinions on the below. I own a primary residence which i am currently living in LA, CA. The house has appreciated quite a bit. I have ~350k of mortgag...
Amir Navabpour
Do you include rehab costs in COC returns?
I typically view the rehab cost as a separate bucket as my downpayment. For COC I typically look at how much I put down, and then divide my net returns against that downpayment. I don't include the rehab costs as I...
Wesley Emison
Tax impact of renovations on a duplex - Useful Lives
Hello BP Community, thank you in advance for reading my questions and providing me with your thoughts.I have recently purchased a duplex and will be renovating both units. I want to focus this discussion on what use...
Mike Makkar
HOA Assessment of $288, but $900 in late/collection fees!!!
Before, I get flamed for acquiring a property with HOA, I want to get some advise from the BP community on dealing with this. One of my properties that was recently transferred from property management has unpaid dues...