HiI have a rental property in Hawaii that I want to do a 1031 exchange and buy a primary residence on Mainland. Is that possible? If yes, will Hawaii hold capital gain tax back? And will I need to recapture depreciation?
I have an apartment that was rented by a tenant and there's some minor damage (approx $100 worth). Do I need a licensed and insured contractor to perform the repairs or can it be a handyman that I know and trust but d...
I sold an investment property in 2015. Maine withheld a 2.5% non-resident tax at closing. Can this expense be deducted / added to the cost basis?
I just bought a single family home that fits 5 people, it is close to a university so I am renting each room seperately to students generally. I have in my contract that utilities are the tenants responsibility. Howe...
This situation has come to my attention from a friend who was asking what their rights are, and since I don't deal too much with rentals, I wasn't 100% sure how to answer, figured this was a good place to look for adv...
Has anyone had problems with Lima One Capital withholding AMC appraisals? My buyer was not able to get approved by Lima because the per unit didn't meet there minimum ($50K per unit on a 6 unit property) even though ...
I've got a property under contract (as the buyer) and would not like the sales price reported in the MLS. I live in a non-disclosure state, so the MLS is generally the only avenue people have to obtain sales price in...
Hello everyone! My name is Chris and I am a newbie! I have the potential of an off market deal with a neighbor of mine in Rhode Island. They are an elderly couple whom have resident status in another state and are l...
Hello, BP community!
I’ve been living in an illegal in-law unit built into the side of my landlord’s house for 6 years. During this time a leak in our bedroom closet has consistently gotten worse with each rainy seas...
401kHow can I go about finding the % penalty for taking money from 401k for real estate investment?