Tax implications of selling a long term rental property that has appreciated and been leveraged.Hoping to better understand my current situation, appreciate any insight.I have a home that I purchased in 2012 for 32k. ...
I am just wondering if anyone in Virginia (Hampton Roads), or North Carolina have any experience in marketing REOs for sale? What is a good tool/forum to use? I got a bunch of interest (on BP) and Craigslist but I am...
My first flip is listed on the market and should be selling soon. I was just wondering if there are any strategies or things that could be helpful to me on the capital gains. Im pretty sure in texas you have to own ...
I entered into a purchase agreement to sell my home on May 2018, Riverside County, CA (to a local real estate agent who owns his own property management company). I am married but was the only person on the deed / tit...
I asked him more questions His lender loan expires 3/26He owes about 115ish to lender and then is 35K personally investedFor personal reasons, he needs to sell. I would like to help him if I can, even if I don't make...
Has anyone flipped a house to yourself? I'm thinking that being able to transfer homes through arms length transactions could be benifitial.
So, first off, I'm a newbie. I've done some research and networking and now I'm ready to put together a team to get started investing in notes. I'm most interested in non-performing 1st and 2nd lien notes. I'm reas...
If you were a single, self-employed, and location-independent worker, how would you go about identifying the best house-hacking opportunity in a tax-free US state? Ideally, I'd like to use a FHA loan to purchase a mul...
Another dilapidated property that my family owns in Memphis that they have stopped paying on. The back tax is around 5k. The house looks like this My family said if I pay back tax the house is mine. I would do most of...
Hello,New to the group but learning a ton and interested in feedback from others especially tax professionals. I'm considering partnering on a flip in Southern California. I have a regular 9 to 5 but know someone in r...