Hi fellow BPers! After much learning and analyzing, we finally closed on our first home this week! Now we have a slice of paradise in Hawaii....but have some questions for those who are familiar with purchasing RE her...
Does anyone know the high level implications of undoing a 1031 exchange? Obviously the tax implication one is a big one. If the property is sold at a loss, can you unwind a 1031 to off set the gain on the sale of in...
Hi all,I've got a situation at one of my properties - the shower is leaking and needs to be fixed. There's only one bathroom in the unit. This may take a few days or up to a week to fix. I told the tenant this and off...
We started on the this voyage to do an addition to our 1900 square foot 100 year old home in the Boston Suburbs. The cost was too high and an opportunity came up to buy an older home like ours but is being renovated ...
Has anyone taken advantage of the new high efficiency electric Home rebate act that was passed in addition to the i flatiron reduction act? I am looking into upgrading several electrical systems in my home (heat pump ...
A few years ago I was approached by a 'friend' who was doing a great biz of charging homeowners a pretty hefty fee in exchange for the info and program to pay off the principle of a home loan and save HUGE bucks of ...
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
Our 4 story investment property only has two baths. The basement is open with a full bath (we recently added during a sewer upgrade); the 1st level contains the kitchen, living, dining, and mud rooms; the 2nd level co...
Hey BP,Like many of you, I have been reading religiously about where the market currently is, the upcoming market trends, & a potential market correction. A market correction maybe happening within 2-3 years or m...
Hi!
This is my first post, so I apologize in advance for my ignorance. I do not currently own any properties but I am looking to buy a multi in the near future. I have been using several of the methods of valuation o...