Hey, question for anyone familiar with 1031 exchanges. I have a rental property I’ve held since 2019 that I’m considering selling. Would I be able to do a 1031 if I’m buying a primary property with an ADU that I would...
I'm buying an 14 unit apartment complex and in my past real estate purchases, I've used a HELOC for the loan portion, which I do deduct on my tax return. Can I do the same process, except take a 30 year mortgage out o...
Hello BP community! I recently used my home equity line from my personal residence to purchase a rental house. 1. Can I use the interest as a tax deduction on my tax return? 2. If yes then how do I know what portion o...
I recently bought a fourplex using FHA financing and currently live in one of the units. I also rent out one of the rooms in my unit. So I will amortize a portion of the FHA UFMIP over 84 months (the portion that is...
anybody in the NJ area have experience with section 8 tenants?
I received a section 8 application for my rental that is willing to pay the total rent im asking. My realtor is listing the property for me so I don't...
Hello:
Asking for advice. As a landlord, I have a 'jointly and severally liable agreement' with 4 tenants. The lease is about to expire end of April. Half of the tenants want to move out and the other half wants to s...
Can someone educate me on the guidelines and help me determine if this option is possible? I'm looking to understand what the determining factors are to decide if it fits a 1031.I'm selling a rental condo to 1031 exch...
Hey BP. I am new to the game and have been spending most of my time reading as much as possible here and have learned a ton. I am going to purchase a home soon and start house hacking. I am aware that with this, I wil...
Hi all. New here. I am interested in figuring out what to do with the property I have and how to best allocate some funds as investments. I am an agent and a live-on-site landlord in a three-flat in the ever ridiculou...
Hi. I am hoping somebody can give me a little bit advise. When our permanent residence was build we made sure part of it was set it up to be finished as a mother in law/ duplex. That part of the house is getting close...