Hi Folks - wanted to play out a scenario and see if how Im interpreting this is accurate...- 1031 a rental property and follow rules for new investment (like kind, equal/greater value, price point, etc) - Rent for X t...

I'm working a W2 job right now and my employer offers a match in their retirement accounts. However, I was wondering if it would be better to invest in their Roth option or traditional option if I know I am going to b...

How to figure it out what state is worthy investing? i know it is a board question, what I mean is look at Brooklyn NY people bought houses 15-20 years ago dirt cheap and now they are millionerds or Jersey city NJ peo...

If you do some maintenances on your rental property, such as fixing a clogged toilet, replacing a broken door, etc., can you count your own labor as expenses?

Thanks

Hello BP,I did some research and couldn't find if this has been tried before. I have my first flip under contract but I wanted to run this strategy (I thought of last night) by the BP community to see if anyone has tr...

There are three 33% partners in an LLC and six equally distributed heirs (6).  We'd like to simplify the next generation's responsibility and sell one third to one partner in a cash out deal.  Two partners would remai...

Hello     I've been following this thread and have been gaining some much needed information. So if I am correct once I receive my tax certificate I can begin the possession process and current owner has 3 year redemp...

I'm looking for someone who can clarify the homestead exemption act for me. As i understand it today, I can sell a house that I've lived in 2 of the last 5 years and not pay capital gains tax on that. So I did that, l...

Hello,We are new here and happy to be part of the community! My husband's parents (55+) are moving to another city (Temecula, CA) and are selling their home in Riverside, CA, valued at $915K. We love this house and wa...

Hi all, first-time [future] house hacker.  My wife and I are moving back to Philly and have found a duplex we're interested in, both units being 2 bed/1 bath at roughly 750 SF.I used the BP Rental Property Calculator,...