Hello BP community,My first rental is coming up on the 5-year rule which has me tempted to sell as I lived there for just over 2 years so I qualify to avoid capital gains tax up to $250,000 (which is right around the ...
If I’m wanting to fix and flip what is the best way to go about finding a great deal and making sure I don’t lose any money and what’s usually a good amount of profit that people look for in a fix and flip? Thinking a...
We own 30 acres of developable property. Because of the current zoning laws we are limited to dividing off only three lots of any size. Our original plan has been to sell 3 lots and 1031 into buy and hold fixer uppers...
For those that both flip homes as well as rent (or BRRR), I'm curious what factors you consider when deciding to flip or rent.
Are there set criteria? Is it based on location? Is it based on age of home?
Thanks
Hey BPers!
I own a 5/2 on 1.25 acres in Oregon City, Or, near Portland. I have a view of Portland and a bit into Washington. The home is unique in that it is a 1965 ranch with lots of Midcentury charms. I have ab...
Wanted to be informed on what to look out for when first time wholesaling and dealing with buyers/sellers.
My family and I are looking to move from our current town home into a single family home in a much better school district. I’ve got the age old question of whether we should sell our townhome or keep it and make it ou...
I'm in the process of joining the business with my family. I'm new to all this real estate investing and management, but I figure it's pretty common sense and takes some creativity. Anyhoo, 2 major things that stand o...
Hello BiggerPockets members!My name is Jonah I am 22 years old and in the military. In February of 2021 I will be moving from Virginia to Jacksonville Florida for my next duty station, and I will be in Jacksonville Fl...
Hello - newbie here,I'm a single high income earner so have very limited tax benefits for real estate investing and know that I cannot become an IRS recognized real estate professional while I have my W2 job. I plan t...