Jake Andronico
Tax benefits - 1031 Exchange OR Section 121 exclusion on the same property...?
Accountants, CPA's and 1031 Exchange experts - this one's for you. I was discussing a scenario with my RE partner where a property could be considered a Primary Residence AND an Investment Property, which could potent...
Joe S.
I need advice on working with this whole seller’s offer.
So I have a property in a little town called Taft Texas close to Corpus Christi Texas that I placed on the MLS. I’m on title and own the property. I get an offer on the MLS for a price that is considerably low and we ...
Victor San Gil
Exclusive ISP partnership
Hi all,I am renovating 28 units and a local ISP wants to have exclusive rights to provide service to my units. Tenants would still have to apply for service under their names. Giving exclusive rights to provide servic...
Alex Asen
Tax implications of building an addition & selling it as a condo?
I own a 2,000 sq ft single-family outside of Boston, which has been my wife's and my primary residence for 2+ years. I have ZBA approval to create a two-family by building a 2,000 sq ft addition mostly in my current...
Adam Widder
does this work as a 1031?
Hey BP,Currently we're hoping to be closing on a SF home for us. our plan is to buy this Sept 2018 and put some sweat equity in it. (it looks like walking into the 80s!) Then september 2019 we'll be moving to another...
Manuel Naranjo
The $250,000/$500,000 Home Sale Tax Exclusion
Hello my BP mates!!Just have a little question about sale tax exclusion. I purchased a townhouse back in 2008 and lived there until December 2014 when I rented the property and moved to a different one. I'm thinking o...
Steven Solonch
Taxation of primary residence
Hey all. I have a question that may seem like an easy one for some, so decided to give it a shot.My mother in law recently sold her home. She was on the deed with her father who had passed away a year ago. She was on ...
Steve Hungerford
Can I do a 1031 with the capital gains portion of the Sale......
Hello,I have a property with a lot of capital gains that I wanted to use some of the basis portion (basis plus the 250K exclusion) to buy a SFR. If so how do I do that ? Can I use the amount I believe is the capital g...
Kmsuea Abdei
Should I sign an exclusive agreement with agent?
Hello Everyone, I want to do fixes and flips, Nowadays, I connect with an investor-friendly real estate agent, and we have a good and informative conversation. He wants me to sign an Exclusive Buyer Agency Compensatio...
Xavier Cabo
Questions on closing a deal with senior care business
Good morning BP community, I am trying to complete a deal with a senior care business looking to expand their operations. The business has several properties in the state and the owners want to add 3 locations per yea...