Question for the tax pros out there.If someone inherits a home from a trust after death of the owner, and the home is their primary residence, does the two year period to exclude capital gains on the sale of a primary...
Hello! Me and my business partner have recently started an LLC and are looking to invest in fix and flip properties. We are based in NY, mainly looking to invest in the Hudson Valley area. I have been looking towards ...
Hi everybody, I hope you guys can help me.
I’m a new REI and I’m assembling my team, but I was wondering if you live in NY and want to invest in another state do you have to get a local CPA in GA or NY? Also, if the ...
Have you ever bought a multifamily that had negative cash flow? If so why?
I am looking to invest in the Tucson, AZ market and would love to connect with other Arizona investors. Do you have any feedback and/or advice on the Tucson market? The properties appear quite affordable.I am intere...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $90,000
Cash invested: $31,000
Sale price: $168,000
Found a 1917 single family house that needed some updates.
...
Hey BP! I'm seeking a low money down loan for my first STR investment in NY state, and wanted to stress test some assumptions I have about the type of loan I'm eligible for. Here's my situation:
- Rookie investor sea...
Hello Everyone! Happy New Year to all. I am newbie to the landlord business and recently bought a rental property of which I am planning on renting out by the room. I have been browsing around the net for free lease a...
Hello BP community, after a good time renting SFH, last week a tenant left an old truck in the backyard, she is not responding my calls and texts, what should I do?
A bigfish investor has approached our project with a deal that seems too good to be true. What risks are involved in granting the investor too much equity in the end product? Could there be an ulterior motive involved?