I was wondering if there are any tax deferments for selling of a 2nd home and using proceeds to lend to someone for an investment property. Do the standard tax deductions apply when selling a 2nd home? Can you roll th...
Investment Info:Small multi-family (2-4 units) buy & hold investment in New Bern, NC.Multi-family property with a full size 1000 sqft unit and an adjacent 250 sqft "lock-out" unit, each with their own entrances an...
I’m 20 years old turning 21 on March ; HS graduate from class of 2016 in CA . I have a beautiful daughter who’s 4 months old And I just got laid off from my current job I was working at for 2 years as a construction w...
Starting to look at pre-construction properties in Toronto proper and I'm not super happy with the numbers - obviously factoring in a lot of appreciation over the next few years. Anyone looking at interesting condo pr...
I started a business of Property maintenance and lawn care about 7 years ago. I was just fixing things inside and out of residential homes. Like a regular construction contractor. I mow commercially an residential. ...
Hello everyone, I’m in need of ideas and new strategies. I’ve been trying so hard to make my first deal as a wholesaler. I started with what I thought was the most cost effective marketing with bandit signs. I’ve put ...
I want to say thank you all for the vast amount of knowledge you have shared with me.
I wanted to ask about loans and house hacking a multifamily 11 unit complex. I would like to purchase and live in one of the un...
Hello BP colleaguesI live in Southern California and from what I hear series LLCs are not recognized by the state of CA. I’ve also read (various sources) that it’s a good idea to create a separate LLC for each investm...
Looking at this as a first flip. It's a 3/2 on a quiet dead end street just outside city limits, but within 2 miles of the local Community College. It needs paint, flooring, bath and kitchen remodel on the inside. Has...
What happens with the mortgage that is in place in a contract for deed when the seller dies?
How do you protect yourself, or the end buyer (when wholesaling)?
Any input would be greatly appreciated :)