Hi all, Does anyone know if we are allowed to change the cost basis for rental property? 2013 was the first year I placed a primary residence into a rental and according to IRS rule the cost basis was the lesser of fa...
Greetings,As a "newbie" who is rebounding from my first REI non-deal, I am treading the waters once again and working on flipping my REI deal by December 16, 2016. Here's my question: "What is the difference between a...
Hi BP,I'm preparing to close on my first deal, an owner-occupied duplex. With this one almost done, I'm looking to forward to finding the next opportunity. I believe that may come in the form of commercial office sp...
30% Of Americans Didn't Make Their Housing Payment In June
A stunning 30% of Americans didn't make their housing payment for June - a figure that is likely going to ripple through the housing industry in coming month...
Hi BPers, I have a condo in NYC, and I have been lucky that my tenants of 6 years have been paying throughout last year. But no surprise, they want to move out when their lease comes up this year in June. my building ...
Great forum. I've looked through parts of it, and I am impressed with the amount of knowledge of the members. As noted above, I am in Birmingham, Alabama. I am looking to buy single family rentals or small apartmen...
A fascinating article (by, it is worth noting, an LA-based writer.)http://www.newgeography.com/content/004792-the-rus...
I don't know whats in the water in these parts but investment properties are getting harder and harder to come by. When a decent one is new to market, the same 10-15 investors end up bidding the profit right out from ...
February, 2015 housing starts are down 17% from January to 593,000 units annualized, which is essentially the same as February, 2014 which had 589,000 housing starts annualized.Unadjusted non-annual starts:February 20...
https://www.har.com/content/newsroomHouston Real Estate Highlights in July:
-Single-family home sales jumped 11.6 percent year-over-year, with 8,953 units sold – the greatest one-month sales volume of all time;-On ...