John T.
CG tax on selling for same purchase price?
Are there any capital gains taxes (or any taxes) for selling a property at the same price at which it was originally purchased? My common sense says no, but I could be wrong. Any insight is greatly appreciated.
Salvatore Annarumma
Transferring my home title to my LLC
Hi all,I recently bought my second home and am converting my first home into a rental property. I setup an LLC for my purposes of renting my first home and I am wondering if I need to transfer my mortgage / title of m...
Jill Barrett
First income property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $13,000
Cash invested: $35,000
This was our first investment property. The property was unlivable at the tim...
Troy Fisher
Great Investment Opportunity!
Hey guys! I Can't believe this deal! I can't understand why it's been on the market for so long!
http://www.redfin.com/CA/Santa-Cruz/924-3rd-St-95060/home/2155384
Tax Amount: $2,331
Gross Rent Multiplie...
Ron Collier
Excessive electric bill
Florida Landlord has a rental unit where utilities are the responsibility of the tenant and are in their name (as written in their lease).
Tenant reported to landlord a high electric bill, and said they called the...
Talha Shahid
Custom Polo Shirts
Has anyone gotten custom polo shirts for their business? There are a bunch of places where you can get them online. Wondering if anyone has good experience of one place over another?ThanksTalha
Sherrod Mcgowan
QUALITY leads.
Hello all, I am a new investor looking to land that elusive first deal. I have started marketing this week in Rochester, NY, and I'm getting a few phone calls already. I am looking to share these leads with another e...
Brandon Weaver
Rehab for older property 2/2 or 3/1
First post on BP and I am in the process of acquiring my first investment property. This property is currently a 3 bed 1 bath house but you have to walk through 1 bedroom to access another. No way of adding a separate...
Javier Gil
Depreciation in primary residence turned rental
Hello everyone,
I am about to start renting what has been my primary residence for 4 years. Can I use depreciation to offset rental income from the property, and if so, when does the depreciation start, the month I t...
Peter Weinberg
Colorado Investor
Good Day, In my main capacity I am a trial consultant who helps trial lawyers navigate the psychological nuances of litigation. About 3 years ago my business partner and I purchased a 5-plex in Colorado Springs CO. ...