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Hi Everyone,New Investor here, who just purchased a SFR in Mesa, AZ. I was reading online about a residential rental property tax (about 2% of gross income) and I was wondering if anyone has any experience with this?...
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I will hopefully be doing my first multifamily deal soon and am going to partner with someone I trust. He has the cash and I am bringing the deal. When we talked about potential profit splits, he said he could 1099 me...
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We are in the process of closing on a short sale 3-plex. Hopefully we will have an approval by the end of September. My question now is how to correctly define the loan terms for our private money loan. I know there a...
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Hi all,
How does capital gains tax apply when selling a property that was your principal residence for only a portion of ownership period? I've been doing some research on this, but wanted to make sure that I've got ...
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how active is the wholesaling market in CA? started wholesaling real estate about 5 years ago, but strictly in AZ. I know people that will buy properties over there, so I never ventured out. Now, I'm in Orange County ...
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Hi everyone,I just started looking into my first property to invest in (SFR or MFR). I am setting up the cash flow and appreciation expected for the first 5 years after purchase. I had a question about annual property...
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There are plenty of resources out there to buy your first home, especially here on bigger pockets. Thanks to the amazing resources available here I was able to purchase my first home with confidence and clarity. Now I...
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Hello! I live in CA and I'm a passive investor in two rental properties. For each, I'm named on title as a tenancy-in-common partner. My partner is also named on title, and his property management company does ALL rep...
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Hi,I plan to buy 1.5 acres of pad site in a commercial property that is being setup. It was part of 25 acre land which has plan to build SFH in back side and commercial on the front side. I was part of the entire deve...
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On a ground up development deal - are construction costs split pro rata between the LP and GP?If LP put in 90% of the equity, do they contribute 90% of the construction costs?Is it the GPs responsibility to obtain the...