If I buy a property for short term rental and do a cost segregation study to speed up depreciation, can I later decide to convert to a primary residence? Is there time limits to convert, I understand that there may be...

Like everyone here, in the past couple years I was anxious about my insurance coverage. I studied a few policies very recently and changed my provider. This post is to share my findings, and may help you in your asses...

Hello BiggerPockets!I am SO glad that I have stumbled into this wonderful community. My S.O. and I have been reading as well as listening to the pod-casts for a month now. For about a decade I have wanted to get into ...

On 11/29/05 I entered contract purchase/sale contract for 84 properties fairly close to my area (about 100 miles away) My finance people will have no problem paying for the properties and making them mine to have and...

My dad is going to be selling his home soon, a house he has lived in for almost 40 years. He will more than likely be able to sell it for close to $2M, and his basis is probably around 500k. This sale is what is going...

Hello everyone,Looking to learn a little bit more about 1031 exchanges and and 1034..First off, can both of these tax exemption strategies be utilized in tandem? Secondly, does the QI pay your taxes on the house? or d...

Greetings from a newbie and thanks for all your feedback. It is very much appreciated!
I am currently looking at 2-4plexes in the Houston area and a Realtor (been in business 20 years or so) is indicating they will n...

We bought our 2 bedroom Apt about 18 months ago, and to our surprise, my wife became pregnant with our second child. In addition, my job role changed requiring me to work more from home, which makes it nearly impossib...

I own an exclusive easement to get to my property (which is an island, or an enclave since it's not surrounded by water) this easement is the driveway from the highway to my land.  It goes through about 350 feet long,...

Hello!Set of facts:- Lived in a residential unit as a primary residence for a number of years.- Converted to rental and depreciated it for 2 years.- Sold in 2023.- Purchase price: $250k- Sale price: $350k- Depreciatio...