Can you like-kind exchange a 3 family the owner is living in to a 2 family that the owner will live in?
Hi BP!My rental property is currently being managed by a property manager. We currently have a tenant who is not cooperative (grinch-like) and hasn't been paying rent. This tenant is also a section 8 tenant and receiv...
Had a question about deduction of property taxes on investment property.So the limit of property tax deduction on personal home is $10K.Is the deduction of property tax on investment property counted separate?Meaning,...
I was told by a colleague that HUD will increase your rent by 5% each year if you make a request for the increase. Has anyone gone through this process if so what is it I need to do to get this 5% increase? Thanks in ...
We will receive a net gain of $250,000 from the sale of a relinquished investment property and the funds will be held by a QI. We want to purchase a mixed-use replacement property for $750,000--a home with a detached ...
Hello BPers,I currently am 50/50 partners in an investment in a single family residence worth ~$2 million. My partner wants to sell, but I want to buy out her portion. I do not have a lot in terms off cash reserves, a...
I'm looking at a property that currently has partial commercial zoning and the rest residential zoning. I'm considering buying, building my primary on the back residential portion and holding the commercial for long ...
I'm selling my house and want to understand the tax implications on the sale, because I have lived in it as well as rented out a portion of it. I've been studying IRS publication 523 and I would like to get some input...
I have what I think is a fairly unique situation, but I'm hoping someone on the list may have experience with similar...I live in a house that I purchased in 2010. From 2010-2016, it was a rental property. It became m...
Hi I wasn't planning on a house hack but I have a house that I'm considering renting out portion of it. It's not a multi family, it's a SFH. The question is on capital gains tax treatment when I sell the house down t...