Warren Smith
Commercial Buy, Rehab, ReFi, Rent
Investment Info:
commercial investment investment.
Purchase price: $190,000
Cash invested: $200,000
Sale price: $470,000
Purchased 4500sf steel frame office building, 1974 build, used by dentist...
Adekunle Popoola
Double Closing and Capital gains tax for wholesalers
I am an wholesaler who recently had a double close. i would like to know the following?
-Are my proceeds subject to capital gains tax?
-If so, What portion of my proceeds will be subject to the capital gains tax?
...
Anthony Shields
Will switching to S-Corp affect my ability to get loans?
My primary business is not real estate. I use the income from my primary business to qualify for loans. I'm thinking about electing S-Corp next year, but I'm worried it will cause a problem due to my "salary" being lo...
Susan Throop
Guru vs RE Investor Coach- How do you know the difference?
This is a bit confusing to me. How do you know the difference between a guru and a bonafide RE Investor Coach?
Robert Marek
Bathroom Tub and Tile Refinishing
Hello - All of our bathrooms need some attention. Most are 1950's style pink, blue and yellow tile, which i think is awesome. However, we have a few tubs that need to be either refinished or replaced. They appear t...
Brian S.
New member from STL
New member from St. Louis. Have one buy and hold deal under my belt but my primary business demands most of my time and energy. Looking for others in the STL metro area with thoughts on local turnkey and/or PM. Foc...
Caleb Folse
New to Bigger Pockets
I'm new to this forum (and Biller Pockets) but not new to renting properties. I've never had more than 1 at a time but haven't really leaned in to make it a primary business for a way to eventually replace my current ...
Jeremiah Gentz
PRIMARY RESIDENCE: BUSINESS OR PLEASURE?
I want to give you an idea of how my situation is so bare with me...I'm 23 years old, single, without children, with a job I love and make decent money. I've been with this company for three years but the downside to ...
Christopher B.
Commercial Liability Insurance- nobody will give me a policy
I have contacted three separate independent insurace agencies in town and all of them tell me that they can not give a GL policy to my business because I am an investor that buys and sell's houses. I'm planning to get...
Stephen Ironside
New Investor Seeking Mentor
Hi everyone I am a new investor in the DFW area and would love to connect with an experienced investor as a mentor. I dabbled a little back in 2015 and bought a LTR which I still hold. I am looking to increase my rent...