Rick Im
How soon can I convert a rental property to my primary residence?
I recently purchased a rental property and discovered it needs more extensive repairs than I originally anticipated. If I rent out my current primary residence, I could generate over $1K in positive cash flow, so I'm ...
Heather Hardin
Cost of pool and garage conversions?
I'm trying to buy my first house that I plan to live in for a year or two, before renting or selling it. The current house I'm looking at is a bit unique. The owner has converted the small pool into a koi pond and con...
Skyler Mckinney
Where can I learn about taxes? (flipping not rental)
I got my first flip on the market and have no idea about taxes at all. We are approaching the end of the year and I have always had a w-2 job or was in the Navy so taxes were very simple and I could do them for free o...
Rich McCormack
Tax implications for selling an investment property for a loss
Hi BP,I bought a townhouse as my primary residence in 2006. Moved out in 2011 and converted it to a rental unit which I recently sold in 2015. My question is about how to treat the loss for tax purposes. I have a CPA ...
Michal Kasza
Converting a single into a 2 family a good idea?
Hello BP, fam! So I'm in the process of purchasing a single family in Massachusetts and would love to get any input on the topic of converting a single family into a 2 family. The home is about 1800 sq.ft both units w...
Gabriel Moyers
Single Family Conversion to Duplex
Hi everyone,
I'm seeking guidance on the procedure for converting a single-family home into a duplex in the City of Miami. As a licensed realtor, I've come across many who claim to know the 'do's and don'ts' of this ...
Michael Bertsch
Fireplace
Hello BP community! I just bought my first rental property (SFR) and it has a fireplace. Should I allow tenants to use it? Or, is it too much of a liability?
Jackson Hartman
My first REI, 4-doors!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Columbus.
Purchase price: $300,000
4-units. 1 bed/1 bath, each
Experimenting with STR for one unit.
What made you in...
Vasyl Magura
Accepting BitCoin as a Form of Payment for Real Estate
Read an article about a Texas home being sold for bitcoin, and this gave me an idea.I personally don't buy into bitcoin or any cryptocurrencies, but I see an opportunity of turning crypto into cash instantly.Sellers c...
Wes Tuinstra
A New Milestone
For those of you who don't know me well, let me say that I publish a Forex and commodity trading advisory. Now... that advisory is the basis of part of the strategy for a new hedge fund. :clap: The main strategy wil...