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Hi BP Team! I have a 3 bed 2 bath SFR and have rented to tenants for the past 2.5 years. They rarely have repair requests, and only for important things that I want my tenants to inform me about (water in the basement...
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I sold a property on September 30th using the 1031 Exchange d my deadline is November 14th to identify 3 properties that I need to purchase but I’m not finding good deals in Saint Louis MO market. What you guys did in...
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When you buy a tax certificate for vacant land in Alabama,1) Do you have to wait 3 years to get the tax deed and in the mean time have no right to the property2) Do you still have to take possession of the land after ...
If I give money to a flipper to buy at trustee's sale, he wins bid, tells trustee to title in his LLC, I get note and deed of trust from his LLC same day, I record deed of trust, he gets trustee's deed let's say 15 da...
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Hi everyone! I am new to the Biggerpockets community, though have listened to Josh's and Brandon's podcasts for over a year now, and been more of a passive reader of the wealth of information on BP. My wife and I cu...
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I bought my multifamily as a short sale, added value, and can cash out now with some good profit. The property values are topping in the area and starting to see a decline, and I am not seeing rental prices or demand ...
If the house that I currently live in was never rented out before (for many years now), how long do I have to rent it out to someone else in order to qualify for a 1031 exchange and the 121 exclusion together when it’...
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My wife and I own a property. We plan to do 1031. My plan: we form an LLC. We sell the property to the LLC. Then LLC do the whole 1031 -- sell and buy another property, so that we can use llc to protect the re...
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Can anyone tell me what happens if I have to sell a property I purchased from a 1031 exchange before the 2 year holding period?
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Hello,Just wanted to know if you guys might be able to clear some things up for me.When u pass down rental properties to your kids when u pass away, what kind of tax are they required to pay if they decide to keep it ...