Hello BP community! I'm a new investor based in the San Francisco Bay Area. I'm planning to buy and hold 2-3 out-of-state properties next year for long term investment and would appreciate some professional advice. Cu...
Hello Everyone, My Sister Just got married and with high interest rates, and high cost of homes in Utah, it’s going to be really hard for her and her family to afford buying a home. Rentals are also hard because they ...
I'll make it quick. My W2 income is >$550k/year, if I build an RV/Boat storage facility, will my storage business expenses/losses be able to reduce my W2 taxable income? Or do I have to have REPs status for this si...
Hi BPer's,I'd like to convert some of my stock and bond holdings to cash and then purchase an owner-occupied investment property with those funds (using the FHA loan, probably less than 10% down payment). I have held ...
Hi BP Nation!My name is Daniel, I'm 32 living in Des Moines, IA. I am married with 3 boys (4,2,and a newborn). I have been in the shadows for nearly a year now, figured it was time to get my first post out of the way....
Since the market has been so hot, we have been taking advantage and fixing and flipping the last few years. It's been great. However, the tax implications/capital gains for flips is crazy! I'm thinking we should re-th...
We're looking into selling a current rental property to my daughter. It would be their primary residence. We purchased it for 127,000 in 1995. It's current estimated value is 330,000. My question is what capital gains...
Hey everyone!
It’s been a while since I’ve been here and I’m in need of some advice. We have a friend who approached us about becoming a silent investor in our next deal. He’s seen the success we’ve had in the last 2...
I've been running our local real estate investor club in Northern Colorado since 2003. Writing a book on the topic, but wondering if there are any other real estate agents already running clubs in their local market?
I'm 26 years old and my goal in life has always been to retire early and travel the world at a young age. I've worked extremely hard the past few years and I've been able to accumulate/save $250k in cash.
I would lo...