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...
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...
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...
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...
Hi BP Community,I have a small family-owned shopping center in Wimberley, Texas. It is in a perfect location (off the square) in a very popular tourist town outside Austin, Texas. The problem is the buildings are in...
I've seen this happen 3 different times now. A house from auction.com is listed, dissappears, and ~45 days later ends up on hudhomestore.com. The first two houses went through several auction cycles, reserve was nev...
I have been a Active duty Soldier for 17 years and I am coming up on retirement quickly. Just turned 35 a few months ago and can not imagine starting a new career after 20+ years of service.
So I invested over $3,00...
After a few deaths in my family over the past 3 years, I've inherited 5 properties. For context, professionally Stocks and Options is my career course and comfort zone. And although I've wanted to invest in real esta...
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...