Domicile: WA State (income tax free)Property location (Texas): (income tax free)LT gains + Depreciation recapture ~ $300k on a $500k income property ~effective / average tax rate = 12% for past umpteen yrs (relatively...
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*This link comes directly from our calculators, based on information input by the member who posted.Hi Everyone, I'm a newbie here and trying out the analysis tools. There are 2 homes on...
Hi, So I am currently working on my 2nd flip. The first was just updates and paint. The current is 4bed 1bath, which I have decided would be better as a 3bed 2bath. I have had the 2nd floor two bedrooms and hallway co...
Is new construction a good investment, and what should I look out for if I did pursue new construction?
For 24 years I owned B&Bs. I’m burnt out of that model of renting rooms. I currently own 7 properties with 25 units. I just had a lovely 2 bedroom apartment with wide pine floors, open concept, and large rooms wit...
hey fellow bpers!! I could use a little help if anyone feels so inclined. I am looking at potential buy and hold but not sure about numbers. At first glance I think maybe but want some experienced opinions as well.Ask...
On Tuesday I took my first baby step toward investing. I went and talked to a banker. Granted, the bank is just on the first floor of the building where I work, and I didn't walk out with any money, but it was still t...
Should I do all the remodeling myself (lay flooring, painting, update kitchen, etc) and just hire a plummer, electrician, and someone to look at the roofing, siding, etc? With the help of friends and family of cour...
Looking to buy a foreclosure that is a gut rehab. I'm trying to figure out a price to offer cash so that when it is all done I can rent it out at market value and get financing to pull my money back out. I'm trying to...
Hello Bigger Pocket Family- I am in the market to purchase my first tax lien property. After receiving rights to the property, I plan on finding a renter. My first question for everyone is- Can I rent the property ...