BP family, If I was to purchase a home to eventually flip (house hack) how long would I need to live there in order to not get Tax's taken from the flip profit?
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...
Hi All - I've a handful of thoughts/questions so I'll be short and sweet.I'm currently focused on a couple of select areas in Houston for my motivated sellers search, and one of the areas is West U. I've gotten good ...
Hey BP family, my name is Sam Nayyer and I'm a newbie investor that will be graduating from the University of Iowa this May! Post-graduation I am looking to jump right into the industry and get started in property man...
Hi everyone,I'm a new investor in Pittsburgh. Does anyone have any rental property in Beechview, Sharpsburg, Avalon/Bellevue area? I'm checking some multi-units in those areas, looks like I can get good cashflow. But ...
Hi BP,I have a great opportunity to purchase an off-market triplex in Inglewood CA at a very low price and would love some feedback. I'm hoping to BRRRR this property, but I'm not sure if it makes sense yet. Here are ...
How does a landlord get paid? Do they get paid a salary? What are the tax liabilites?
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I recently met a woman that has 3 duplexs in a very desirable suburb of Madison, WI valued at around $1 million. She would like to sell them but are reluctant due to the amount of taxes she'd pay. She plans on passi...
My property taxes are now 76% of my mortgage. Last year we had a double digit increase, and almost double digit again this year. This is not only a direct attack on investors, but also retirees and other people on fix...