Arthur Savery
Planning to sell a long term rental condo, use 1031 and buy 2 condos
11 January 2025 | 12 replies
That would minimize and maybe eliminate the need for a loan for those properties.
Kevin M.
Condo Investment in NYC
7 January 2025 | 12 replies
Using a 1031 to upgrade to a two-family could help you reduce or eliminate the $1,000 out-of-pocket expense you’re paying now.Also, condos often come with HOA fees that limit cash flow, so be mindful of their impact.
Troy Parker
Renting your first rental to a friend
11 January 2025 | 8 replies
I am in the process of getting it reappraised to eliminate PMI.
Akshay Kumar
Investment property landscaping
7 January 2025 | 1 reply
Fix it.We eliminate as much landscaping as possible: we take out flower beds and most decorative features, ideally, lawn mowing is the only job tenants have to do, because we know that's all we can expect from most.
Bob Asad
Has Anyone Done Tax Deed Auctions in FL?
11 January 2025 | 6 replies
That helps you eliminate properties but not decide what to buy.
Seidy Lasker
Wash Sale Rules for Options
2 January 2025 | 1 reply
Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.
Daniel LeGare
Hello BiggerPockets! New PRO here
10 January 2025 | 7 replies
Buying in your backyard eliminates so much for you.What strategy do want to follow?
Kyle Harris
Learning the ropes
13 January 2025 | 1 reply
Eliminate debt, establish a budget, and save.
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
., adding rooms, bathrooms)-Cosmetic Enhancements-Eliminate Health and Safety Hazards-Energy Efficiency Improvements-Major Landscaping (e.g., grading, tree removal, adding walkways)Non-Acceptable Renovations:-Luxury Items-Commercial Use-Temporary Structures-Non-Residential BuildingsBoth of these renovation loans are similar in many ways, but the key differences are:1.
Kashyap Shah
Tenant Dispute for Rental Property
14 January 2025 | 4 replies
Landlord's responsibilities Landlords must respond to rodent complaints in a timely manner.Landlords must hire professional pest control services to eliminate the infestation.Landlords should take preventive measures to ensure rats do not return.Landlords should seal entry points and maintain cleanliness.\ (End)Bottom line here: you have to know your state landlord tenant laws.