Hi guys,I need help figuring this out before hitting the CPA office.House was bought in the 70s 80k, single, 200k renovation, market value 3.5 mil the house in California....how much capital gain taxes state and feder...
Hello!I am new to the community but have been reading up on RE for over a year now. I am active duty Air Force and am currently stationed in NJ. I have been itching for months to get into the RE game but have been rel...
Hi BP members, I'm new to REI and have recently in the last month started marketing for sellers by using craigslist and bandit signs. After researching other avenues, I've realized that direct mailing seems to be t...
Hello Fellow Investors!
I plan on renting out my investment property in Cleveland, Ohio as a long term rental. I would like the system set up where the tenant pays for the utilities. After speaking with someone who i...
I have been reading the Rich Dad Investing book, and although I agree with most of what he says, I've found that I'm 200 pages in and I haven't really learned anything new about investing, per se. I was hoping to find...
Hi all,WHERE SHOULD I LOCATE MYSELF IN THE USA TO BEST TAKE ADVANTAGE OF FINDING AND BEING NEAR FLIPPING DEALS?That’s the big question I have. It’s quite a serious question too, because I very well may decide where to...
Hold and rent out or sell?I was offered 300K more than my house is worth (a 2 fam). Currently, my mortgage is 2000 a month and my rental income is 4600, which leaves me with 2600 a month income after mortgage. My ca...
If markets keep getting better, I don’t want to miss out on all the opportunity. How can I prepare for housing markets and an economy that is really GOOD?? Is flipping better, or contracting, or running a real estat...
Greeting to all, Any thoughts/recommendations on my journey? Stuck...My husband and I bought our first home back in 2020 (Killer deal, right out the MLS). We did a complete rehab project ourselves with the help of rec...
Hi everyone.I would love to hear your opinion on the following case:I have a condo, that i bought in '09 and the market has appreciated a lot since then, plus I've renovated it quite a bit. It's a very popular area an...