My team of investors and I are working on closing on a 32 unit portfolio in Albany NY. We have an experienced team including a veteran investor who’s been in the industry for 15+ years arguably the best local propert...
Hi all, This is my 1st post on BP! Im looking into selling our primary residence a Single Family home in San Diego CA. My goal is to sell our home and defer taxes using 1031 exchange or section 121 ( I'm not sure whic...
Hi BP-
Looking to get some advice on the best way to convert my primary residence to a rental property. In short, I purchased the property in 2013 for approx. $420K and the value is now closer to $475K. I would prefe...
Hello BP Community,I'm not necessarily new to BP, but this is the first time I've attempted to dive into this since I first joined back in 2016, so to continue to cement myself further into this commitment, I wanted t...
Hello BPers, long time reader, first time poster. I currently own 12 Apt’s in Fairfield county CT and about to sign contracts on 10 of mine to sell. Looking into doing a 1031 to defer taxes. My question for y’all: is ...
Hi y'all, this is my first BP post and is kind of a two-part question (i.e. sell vs rent and selling without RE agent). I'm trying to gauge what the BP community thinks regarding a sell vs rent scenario. I currently...
I'm selling a property and I'll only owe approximately $4k in taxes on it. I spoke to a QI who quoted me around $1500 to do a 1031.I generally try to *legally* avoid giving the government tax money, whenever I can avo...
Hello! thank you for anyone reading this and may leave a comment in advance.I bought a single family home in Cincinnati Ohio, Mount healthy area in 2019. 74k to purchase, 26k to flip (from total disaster to be fully f...
Hello all. I just became a Pro Member and I have officially started my journey as a real estate investor. I have been approved for a HELOC for 178K. I have also been pre approved for a mortgage for up to 580K. I am no...
Backstory:We bought a property with the intention of flipping last October. (bought $305,000 put in $50k, ARV $550k) Bought with cash. Got a great deal and planned on spending a year fixing it up (mostly my husband...