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I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...
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Hi everyone first off very excited to be on here and excited to learn more about real estate investing. My situation is kinda weird as I started out in real estate about 1 year ago, I got into short-term rentals and h...
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I have a wholesale deal in the Atlanta Market, but seller wants Seller Financing to close instead of traditional full cash offer due to large “Capital Gains Tax”.My question is can I position this deal to an end buyer...
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Hello everyone,I was wondering if any of you would mind sharing a bit on how you first began,and give a brief description of what you had to start with and how you scaled to where you are now.Thanks!
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Hello BP!
Here is my frank 2 cents! I recently closed on my 1st out of state property and in the currently in the process of closing on a 2nd one after learning about turnkey rentals and coming across rent to retirem...
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My AC has gone on and off for the past week.
We are checking on it daily and additional fixes are required.
It will probably take additional couple of days to fix it as it has been trial and error.
We are keeping t...
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Still working on finding my first deal but luckily have found my market ! Now i have been tasked with helping my mom invest the money in her 401k account, I was wondering if there was a way to be able to take out 100%...
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My wife and I have three houses that we rent out. This journey started about 10 years ago. We have 15-year mortgages on these. The houses are worth about $800K (TX). We are very happy with how these houses appreciated...
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I'm fairly new to BP and trying to find my first deal. I keep coming across people saying to try and find an off market deal. Where is the best place to find off market deals? Are there any sites that have off mark...
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Curious the hottest play in 2023 that you can scale (rinse and repeat)? Could be CRE or Residential? I came across this article: https://www.wsj.com/articles/the-hottest-real-estate-play-is... and thought it was inter...