Hello. I’ve only had my Pro membership for a few months now. Not convinced it’s worth $390/yr and want to cancel before it auto renews. If I cancel it now will I still get the full year I’ve paid for before I lose acc...
I bought a 3 flat in December of 2012. I have lived in it since that date. I am looking to sell my place at a profit of ~$150,000. I technically will have had it as my primary residence in 2013 & 2014, but it h...
I have a rental that I lived in for two years. It has been a rental the last two years and I plan to sell it soon in order to take the capital gains tax exempt. However, I would like to keep it if possible. I have ...
I purchased a 4-unit property eight years ago that has over doubled in value. I joined the military so I have up to 10 (vice the normal 5) years to sell and have capital gains excluded since I lived in the property fo...
Hello BP Friends,
First timer here and I'm thinking of leasing my commercial property and approached a local agent / broker , she emailed me the contract and wanted exclusivity, what does it mean? What if a future ten...
The laws haven't changed since 1997- and your personal home 'tax exemption' may be over the limits, due to years of appreciation in the real estate market. I found this excellent article this morning- folks in high-ap...
So I have a motivated seller list I mailed to. I received a call from one of the mailee's son who has her property listed and is a Real Estate agent. He only told me it was listed by him after I asked. It is not liste...
Happy Thursday to everyone,
I need some information, hopefully somebody here can help me. I know that when you are investing on a multifamily or apartment building, when you apply for a loan in order for the banks t...
What would be the pros and cons of each option? I’ve run into a scenario where a seller wasn’t willing to seller finance, but came back asking if I would consider a lease option instead.
@Steve Vaughan would you be ...
I had a thought that you could potentially use RE to bypass inheritance and gift tax issues. I know that you are only allowed to gift about $12,000 to any one individual, and I know the goverment taxes you when you di...