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So I have two deals closing this year that are going to net me approximately $50k. I'm trying to figure out a way to avoid paying too much tax.The first property is an empty lot that I got for free when I purchased a ...
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In inspecting homes here in San Antonio, I've found some really good and some really crazy work. Some days are "wow, that's a really good job", and others are "oh boy...I just saw that, didn't I?" So, I've decided to ...
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What should I do - buy my next primary residence and rent out my townhouse for a year at about a $500-$700/month loss (based on comps) or sell the townhouse when I buy the next primary residence and buy a cashflowing ...
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Hey Everyone!
I’ve been listening to Bigger Pockets for a while now, but first time poster!
I was hoping to get some general insight into pros and cons of a decision I’ve been weighing. I currently have a long term...
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I am in the process of selecting a name for my new LLC. I have created a Mission Statement and I was wondering what people might think of it. It reads as follows:
To buy and sell Real Estate at reduced prices, there...
I have a condo in Seattle that used to be my primary residence in a location close to Amazon HQ. I've moved to the 'burbs and have been renting it out for the last 10 years. Here are the key stats:
$550k Zestimate (a...
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I am a beginner Real Estate Investor operating in the State of Pennsylvania. throughout friendship and networking I have developed local as well as International Connections and they requested me to fund me a Personal...
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Hi BP,I sold my property in CA for 755k and bought a property in Houston for 400k. Now, after months of trying I could not find another property to buy. So now I have a boot of 355k because I didn’t find anything else...
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The laws haven't changed since 1997- and your personal home 'tax exemption' may be over the limits, due to years of appreciation in the real estate market. I found this excellent article this morning- folks in high-ap...
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Happy Sunday! I’m seeking advice on where to invest my money next.
I currently own two properties in California, and at 21 years old, my goal is to continue purchasing properties and eventually pay them off to achie...