Hello BP community, My wife and I own 4 rental properties in Denver, 3 of them single family homes and one is a duplex. This year we are planning to sell one single family home and possibly another if capital gains do...
Question for BP General Contractors & Developers. What code enforcement or zoning board problems, if any, would you anticipate from building a properly permitted triplex as authorized in a medium density resident...
I've searched this forum and googled and checked irs.gov, and still fail to understand this requirement about ownership. Everyone seems to ask questions about the residence requirement which I get. You have to live th...
Hey out there,Canadian investor living in California and looking to buy a personal residence. I have been here for 2 years and am having some trouble finding a bank that is willing to set up a mortgage with me and m...
Hello everyone,
ABOUT ME: I am a non resident foreign investor who just joined the real estate market possibly in the worst time :) I am interested in Cleveland,OH. I have been monitoring the market in and around Cle...
Has anybody ever done this?Was listening to a Tax Podcast talking about potentially doing this via residential housing. Would be smaller in scale, less residents per caregiver (better quality of care), and less headac...
Hi all, I could use some help understanding the options and implications for my conventional refinance choices.For the last six years I have owned and occupied a two unit house in Massachusetts and rent out the other ...
My buddy told me he bought a camper and is able to write off the interest because it’s a “second home”…Which got me thinking…. Can I buy a sailboat as a second home, and write off the interest if it has a cabin? What ...
Hi all,I am planning on purchasing a SFR with the intention of living in it for 2-3 years, making upgrades, and selling when I move out. Would this be considered an investment property where I can deduct depreciation...
My company laid every one off. I got a new position with my company in a different state and will take a 10K cut in pay. I have one duplex and my current residence. Im trying to keep my cost low so if I cant rent m...