I closed on a foreclosed rowhouse this week and during the clean-out yesterday, I found cans of aerosol bedbug-killer laying on the ground.  No "smoking gun" that there are bed bugs -- but the spray cans are a pretty ...

Got an interesting e-mail over the weekend from a new tenant.  Been living in unit for 2 months, was screened with good credit, employment reference from a reputable company (hiring manager verified and checked out, e...

Hi,
Looking for some advice on a rental property I have, there are 2 brothers on lease and have been living there for years. Never any issues with them. This week one of the brothers came home and worried about the o...

I am selling a flip and expecting a 40k profit. Here's what I want to know:Can I do a 1031 to acquire a property for 130k, using the full 40k for a down payment. Then pull 70% of that back out via refi without having ...

This is an old question and I think I've dug out the ugly answer, but let's see if anyone has more insight.I purchased and have lived in a duplex for over 2 years.  The property has a single tax treatment and single t...

The first question is what percentage of tax do I pay on a home that I flip within 1 yr?what percentage after the 1st year. I believe that the capital gain tax does not apply on a sale after 2 years at the primary...

The past couple months some friends and I have been trying to get a start in real estate investing. As we are still in college we thought that house hacking could be a good way to get started. I'm posting this to get ...

Hey All,My parents are going to sell their primary residence they've lived in since 1984 in a suburb of Boston. It's a triplex. For the sake of simplicity I'm going to round the numbers. They bought it for 100,000 and...

I am in process of selling my primary residence. With the change in the market it has been a much slower process. An opportunity has presented itself that’s a different approach, in which I would need to do a seller ...

At what point is it determined, in the eyes of the IRS, how to tax a flip? For example, if we buy a property with or without the intent of renting it out, and after rehab we place a tenant in the unit, can we sell it ...