Hello BP community,I’m looking into buy & hold properties in the Dallas Ft. Worth area, but I’m concerned about the high property taxes in Texas. Can anyone tell me about the “basic homestead exemption”? I’d like ...

Hello,I am a doctor with about 300,000 in medical school debt. Earnings next year will 250, then 330K.About 100,000 of my debt is 5-6.8%, the other 200,000 is 2.8%-3.8%.We are moving back to the NYC area and were wond...

I'm redeveloping a 138-unit former senior housing building in Detroit into 100% affordable assisted living facility with an adult day care on site. Incomes will be at or below 60% AMI.Obviously, the senior housing sec...

Hello Everyone,I have a friend selling his primary residence a little sooner than anticipated and wondered if anyone had come across capital gain tax issues in the past.  Here are the facts:- Closing date for current ...

A friend of mine is a distressed homeowner with a very distressed house that has foundation issues, the exterior and interior is terrible, and overall is in bad shape other than a new tin roof. She has lived in the h...

Hi BPI had a post which I initially intended to describe now I did a 1031 Exchange to trade my first home (condo) into a $1M 3 story commercial flexspace (currently 6 units)as I began to write this, it should have bee...

Hi there,We are currently screening for a 2/2.5 condo in Newport Beach at $2795 and I'm wondering about the co-signer on the property. Is it normal for a young Orthodontist to pull 20k/month but have almost 700k in st...

How long would  I have to be moved out and renting my primary residence in order to be able to sell it and do a 1031 exchange?  thanks in advance.  

Anyone using BP ever noticed the SPCA solicitations on T.V. requesting contributions to help provide Food and Shelter for Animals?  Don't get me wrong, I like Dogs and Cats and think to many of them are abused and neg...

Hi ,We have a single family home in Bay area and are planning to invest in Sacremento area. I am inclined towards new construction homes(SFR) in Rancho Cordova or in Folsom. My husband is more leaning towards Tracy. H...