Hello friends, I am just starting out as a rental property investor. I recently bought my second property as a primary residence and rented out the first one. The house I am renting out has PITI of 2700 and I rented i...

I am a new to the forum and had a Real Estate / Tax Question.I recently received an offer to buy out my 19% position in a commercial office building.  I wanted to use at least part of the money to pay off my HELOC for...

Hi BP community! I'm looking for professional advice from an accountant or tax specialist on how to minimize capital gains tax on a somewhat complicated triplex deal that I purchased 2 years ago in Windsor, Ontario. H...

I had a renter cause damage. I deducted $250 from her deposit.  (room in my house)I have statement from the plumber she caused the leak, pictures, and receipt from contractor for mold mitigation.  The leak went throug...

As in, is there a tax loophole here to avoid capital gains? I know of 1031 exchanges, but this is a bit different....I took money out of some of my rentals a few years ago to buy more. Wondering if I sell some now and...

Hello, I have recently came across a deal that I would like to have expert opinion. Here are the detailsOwner purchased the property 20 years ago for 200k & then renovated it couple of years ago and spent 400k-450...

Hello BP Members,I live in Broomfield, CO (15 min north of Denver) and I have owned a duplex in Englewood, CO for 15 years and recently sold it in order to pursue a 1031 Exchange into a mobile home park out of state. ...

Thank you all in advance for the information. If there is an article, already that answers my questions, please feel free to point me in the direction.

I am exploring the option of selling houses on contract. I am wo...

Hi Guys, I was hoping someone might guide me in the right direction. To make a long story short a relative has given me and my wife a large sum of money as a gift and we want to use this to purchase our first Condo/ho...

I have a client that has an investment property that is a duplex and they are selling that duplex and want to do a 1031 Exchange for a multifamily apartment building with 26 units. Would this exchange qualify? The IRS...