Hey BP family,I have a Primary SFH that I lived in for 2 years, moved out, and have been renting it now for about 2 years. I plan to refinance it soon to get a better interest rate and to get rid of the PMI. Can I s...
My daughter is a freshman at CSU. I live in San Antonio. I threw out the idea of maybe buying a house for her to live in next year and having her rent out the extra rooms to cover the mortgage. Now she's really in...
When purchasing a home using an owner occupant loan, Do you have to sleep at that house every day? I know it is a weird question. Here is the scenario, my lender has approved of renting my rooms out through an owner o...
Here’s my scenario:Parents have passed away and left 2 sons their primary residence (which was in a family trust). Prop 19 requires one of the sons to make the home their primary residence within a year and file exemp...
Hi everyone,
I am trying to figure out my best option for a house that was gifted to me while my parent was still alive. It was mentioned to me in a previous thread that I could pay 0% capital gains if my i...
Hi All, newbie here. I purchased a property in a Del Webb 55_ community, with my parents in Indio CA, 3 years ago. My parents have been living there until recently when I had to move them back to the Bay Area due to h...
Hi all, I would appreciate any guidance on my situation. Last year My brother and I co-bought a house for my family to live at iin CA, since then ive relocated to TX and I am currently renting an apt. I didn’t actual...
I own my home outright. It was gifted to me over a year ago. I am planning on selling it within the next few months . I plan on using some the money from the sale as a down payment on a multi family that I will live i...
I'm a CA resident, my investment partner is a CO resident, and we just bought our first (of hopefully many) rentals in ID and potentially other states.Given i am a CA resident, it sounds like an LLC isn't practical gi...
Hi BP Community - I'm kicking off the home buying process and wanted to get thoughts on the best legal structure for both real estate and small business (e.g., laundry mat, self-storage, car wash) investment.