First time home buyer, about to get pre-approved letter within the hour and going to go look at a property that I've had my eye on that's been on the market for 60+ days (not uncommon in my area). Long story short, I'...
Hey BP! So I have a couple questions to ask. I’m feeling a bit dumb honestly as I feel the answer might be pretty obvious. I’m in the middle of PCSing (Permanent Change of Station) in April to Mayport, FL and am looki...
Hi Everyone, let me start by giving a little background.
I work roughly 50-60 hours a week, mostly on the road in different states working. (Making it hard to sit down and do as much research as i would like) I curr...
Hey, recently i've been trying to decide whether i should be an agent or an investor. Im taking classes required for the license right now and also for the knowledge of being an investor. If i become an agent, i wil...
Hello all I purchased my SFH for $385k in Northern California in 2013 waited the 2 years to get the tax exemption and sold it for $580 cashed out and bought a condo already up $50k in 6 months. My question is how long...
Can anyone who has owned a property for a long period of time confirm that the money they spend over 27.5 years is approximately the original cost of the structure? Is this supposed to be maintenance, or are capital e...
BP Tax Gurus,My question is regarding short term rehabs. I know that if you hold a property for greater than 1 year, its taxed at a long term capital gains rate (15% for most people), and less than a year, it is shor...
What’s up BP Community! So I was reading articles online and discovered that the market is really strong in the Philippines and demand for real estate condominiums. The country is booming thanks to BPO firms, technolo...
How would you respond to a request to use your rental for a fundraiser? I don't feel like it would really benefit me to do this. My name on a banner probably wouldn't get much attention. Our rentals are in Branson,...
Hi,
My husband and I have been longtime lurkers on BiggerPockets! We read a ton of the Bigger pocketbooks and listened to many podcast episodes before purchasing our current home in Los Angeles - and have been very ...