![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/837548/small_1696449307-avatar-colbys12.jpg?twic=v1/output=image&v=2)
I have a question about taxes in Virginia. If I flip a property in Virginia in less than a year I know that I will have to pay capital gains tax on the federal and income tax for the state. My question is will I have ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1048957/small_1695329207-avatar-sarahw79.jpg?twic=v1/output=image&v=2)
How do you wholesale out of state? Is it the same as whosaling in the same state ?What contract do you use ?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/431398/small_1621476346-avatar-timb26.jpg?twic=v1/output=image&v=2)
I am a 30 yr investor, mentor. My specialty is working leads from wholesalers that they trash. Leads that have no equity or even upside down. I can turn these leads into $500-$20,000 profits with no earnest money need...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/431763/small_1621476361-avatar-aarono3.jpg?twic=v1/output=image&v=2)
Hey my name is Aaron Oliver.I'm a 22 year old from Norfolk Virginia, and I am interested in investing in real estate. The wealthiest person in my family is my great-uncle, and I spoke with him about his "secret" to w...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/331089/small_1694841759-avatar-5horses.jpg?twic=v1/output=image&v=2)
I'm curious how an investor/partner would recoup his investment if the property ends up becoming a rental (since it doesn't seem to be selling). The funding came from an investor and I managed the rework/upgrades. W...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/390986/small_1696339367-avatar-stephenh15.jpg?twic=v1/output=image&v=2)
This issue of real estate dealer vs. investor has been brought up many times, but none of the forum questions I can find seem to address my particular situation. I understand that nothing said here constitutes officia...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2055514/small_1663075501-avatar-andrewk504.jpg?twic=v1/output=image&v=2)
Investment Info:
Condo buy & hold investment in Fort Myers Beach.
Short term vacation rental located on Fort Myers Beach. Short term rental on AirBnB and VRBO.
How did you find this deal and how did ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1995604/small_1621517357-avatar-ericm741.jpg?twic=v1/output=image&v=2)
Hi, I have the opportunity to build a fund with $2M from friends to invest in Real Estate. Mostly in Fix and flips. My plan was to suggest these numbers:1. A fee of $8K to manage the operation.2. 30% of the profits go...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/878664/small_1635967800-avatar-waisw.jpg?twic=v1/output=image&v=2)
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $335,000
Cash invested: $75,000
Sale price: $640,000
We had a very successful rehab.
What made you int...
Looking for ideas on setting up a partnership with a family member in a STR. I have never done a partnership and would like to try to keep things simple. Family member is older and wants to help out with initial cost ...