It appears that the 2 out of 5 year rule excluding gain on sale of primary residence will remain intact. Some of you may have heard that initially the plan was to change the rule to where the taxpayer had to own and u...
I just purchased a 3 family. The 1st and 2nd floor have washer and dryer hook-ups in the basement (tenants supply their own machines). The 3rd floor does not have a hook-up, but there is space for it. I am consideri...
There are plenty of opinions out there about where the real estate market is headed next. But what are the numbers telling us?
Today we dig into the data with Dave Meyer, BiggerPockets' VP of Growth and Analytics a...
Bought first rental in February 2021 for $300k in Nashville. Home is now valued at $330k. I put 20% down so mortgage is now at $238k.When is the right time to refinance and repeat?How?Thanks 1 to 40 in 3 years!
I own a rental property free and clear. Do I get a HELOC or Cash Out Refi? I plan on doing another deal, not sure what just yet, interested in BRRRR or STR. I like the idea of a HELOC so Im not paying unnecessary inte...
I am listing a home that has added a expensive Solar Panel system and now the owners want to sell the home. There are no comparables in the market that have a system like this. We want to add the value of the system ...
Can any appraisers give me some insight about this? How would something work where someone needs to get a loan and an appraisal needs done, but there are no comps? Does this mean everything is a no-go?My best example ...
Hello BP! I'm a new Realtor in Salt Lake City and I'm curious if you can direct my thoughts or set me straight. 1 year goal of buying my first property, largest obstacle is $35,000 in unsecured debt between my wife an...
My mortgage broker was offering to lock the current rate (investment, 6.4%, no point) for 6 months, at the cost of 0.5% of the mortgage amount. I am thinking about whether I should take that bet or not - say I pay 2k ...
Good morning everyone,Curious to see if someone could help with the following question:If I perform a cost segregation study for a short-term rental property purchased the previous year, would I amend the return for t...