I heard on bigger pockets podcast that if you live in your house for two years when you sell it the government doesn’t tax you on the profit. Is this true? What’s the conditions and is this nationwide?

Hello Everyone happy Monday!I work with a wholesaling group based out of Riverside, CA. Me and my team are regularly acquiring properties under contract directly with the seller. We acquire properties in Riverside and...

Hi All,What sort of numbers do people like to estimate for per-unit maintenance? I'm specifically looking at medium-size (say, 12-50) unit, older but in good shape, class C buildings around Chicago and suburbs. Actual...

So i bought my first home about 3 years ago.  Did a live in flip and am looking to sell it.  With the way the market is, I'm thinking about renting instead of buying.  I've got a loan on my truck that I'd like to pay ...

We are new to REI.  We have 7 doors and haven't had any big unforseen expenses until this week.  This week we had a sewer problem with a lateral.  It's not directly our problem but the city is going to make us replace...

Hey guys,Looking to get into MTRs in my backyard and I was wondering if you guys usually do it yourself or get a property manager. It seems like groups with good corporate contracts that may be able to get better retu...

I’m a broker in Vieques, PR (zip code 00765) and while sitting in covid lockdown I thought, hey why don’t I start inputting my listings into Bigger Pockets. Lo and behold Puerto Rico is not a valid selection so I sent...

I'm interested in whether any of you think that your country would be better off if it used a Land Value Tax (LVT) to replace income taxes? The basic idea is the income tax is really terrible because it punishes peopl...

Hello, I live in one unit of duplex and rent the other for more than 2 years of last 5 years. Now I am thinking of selling it. Can anyone verify the tax treatment as of today that a gain from owner occupant unit is ap...

Purchased a condo and received an estoppel from HOA - had multiple special assessments identified plus seller's HOA unpaid dues listed and all were paid from proceeds at closing.  One month later, lawyer for HOA wrote...