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29 January 2025 | 19 replies
Consider putting the property up for sale and get your life back on track, then try investing again.
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29 January 2025 | 8 replies
You can always sale on your date and convert appreciation to monthly cashflow.
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3 February 2025 | 34 replies
To celebrate BiggerPockets book sale happening NOW Brian is answering your questions!!
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27 January 2025 | 1 reply
They help prevent after-sale tenant disputes or surprises about matters that originated with the former owner.
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7 February 2025 | 3 replies
The sales price was $14k under the asking price.
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24 January 2025 | 5 replies
But you have to purchase new investment property of at least as much as your net sale to avoid tax.
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3 February 2025 | 4 replies
However, if you choose to stay there for a bit and sell you'll get the first $500K of profit tax-free if you've lived in it for at least 2 out of the 5 years prior to sale.
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25 January 2025 | 26 replies
Figure out how many sales you need to break even.
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29 January 2025 | 7 replies
One strategy is to pursue properties (in your preferred markets) that have been listed for sale for over 90 days (even longer is better).
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27 January 2025 | 6 replies
Similarly, the sale ($575K) minus your adjusted basis determines your capital gain.You may qualify for the primary residence exclusion (up to $250K single/$500K married) if you lived there 2 of the last 5 years.