I flip properties as a side job from my full time job and have been successful at it for about 9 years. I have always wanted to learn more about capital gains and the 1031 exchange program. I always keep my houses for...

I have a Condo, which I am planning to sell and do a 1031 Exchange for investing in MultiFamily as a passive investor. Thinking to invest around 150k in 5 or 6 investments of 25k thru Crowdfunding or via syndicators i...

Hey guys,  as we all know, this is a crazy real estate market right now.  My husband and I are selling a multi-unit and we are trying to figure out what happens if we cannot execute on an exchange..  Is my math right?...

Hello BP community!I will be closing on a rental property early next month.  This is a one owner property that is being sold because owners reside out of state and would like to use the funds for other investments.  T...

Hey guys - I'm hoping someone can shed some light on this situation we are in.  I will do my best to summarize this as much as possible in an understandable format. :)BackgroundWe own a unit in a 16 unit cooperative (...

Hey guys,        Ive been doing a lot of walking for dollars in neighborhoods near mine and I have a lot of addresses that I would like to send letters to, but I have a couple of questions:1.  Should I mail a letter o...

Hi,

I just passed the broker's exam, so I need to decide where to hang my license. I will mostly just be buying houses for personal investment, maybe helping out a friend here and there. So what I'm lookin...

if I flip a house and make 50k.... then I reinvest that 50k in another flip... I understand I don't pay taxes on that 50k... but what if I reinvest to buy another property then mortgage the house right away and take o...

I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...

Hello everyone,I purchased my first property in 2012 in Clovis, NM. (Cannon AFB) For four years I had two roommates whose rent payments funded 95% of my mortgage.In 2016 I PCS'd to Florida and I've had my house rented...