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My opening statement is: I have finally walked the plank, closed a HUD foreclosure a on December 9th, and have been wading deep into this project. Ive talked about doing something like this for awhile now, but lacked...
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How many properties can you buy and sell, assuming holding at least a year, to maintain investor status (cap gain 15%) and not dealer (pay tax at higher rate)?
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I am sorry if this question have been asked but I haven't been able to find it.
I have friends and family who wants to invest in real estate. I buy distressed properties then rehab and resale for a profit. ...
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I would like to take a moment to share my story. I was interested in real estate investing several years ago but always felt it was not attainable. A few months ago I reached a point in my life where I have no debt (b...
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Hello. I am looking at purchasing a duplex to house hack as an ideal way to get started in investing. I’d live in one side and rent out the other. I currently just have my primary residence and am wondering if I shoul...
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So I purchased a triplex in my name, do not have an LLC. Does it matter if I keep the rents in my personal accounts? Or should i open a separate checking and savings? I do I open a separate account and pay the bills a...
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Their current landlord will allow them to stay after all due to his own housing situation. They gave me a 2K deposit a month ago. I have nothing in writing other than our emails about the lease and moving in, but he c...
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Hi everyone, I'm Anne Marie a mother and a wife. I'm a it girl by trade and a future investor bu passion. I've been looking for resources that could help me in my journey in realestate and I finally found biggerpocket...
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Hello Everyone!
My name is Kirill and I am from the beautiful state of Washington. I would like to share some basics about myself and what I would like to accomplish in hopes of getting an idea or direction I should ...
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Hey BP community!
We are in the process of purchasing our first rental property in PA and looking at opening up a separate bank account in order to track our expenses. At this time we are not looking at setting up a...