I am selling a SFR rental property I have owned since 2008 and will realize a nice gain. All proceeds will go back into a new deal/s. Trying to decide if I should use a 1031 exchange, or take the tax hit and have cash...
I need advice on what options exist for this seller OR what I can say to make the deal look great to the seller. Here's the situation:I've been working with a seller who owns 13 properties which I'd like to buy. He is...
My girlfriend and I are looking to get into rental properties, but like many others, we are running into problems financially. We just got turned down to take out a HELOC for our house because I work under the table i...
I just bought a duplex in Puyallup that I will be moving into. Both tenants are month to month and one side hasn't paid rent in two months (this is the unit I plan to vacate and occupy). The property is closing this M...
Hi BP members,Last year, I partnered up with my family and bought a $700,000 triplex with a 30-year fixed rate conventional loan. Took a loan of $525,000. I also have a conventional loan on my primary residence. Me an...
I have seen several topics on foreclosures. However I havent seen a answer that made sense to me. I have 6 homes that have been reo listed for atleast a year. What steps should I take in order to:
1. Get the market va...
Needing help purchasing our FIRST investment rental property. It's a duplex, needing extensive renovation, including new kitchen/bathroom/flooring/windows, etc on both sides. We are active duty military, make great mo...
I'm not sure if this has been discussed, or discussed lately, but Biden announced his proposal to almost double the capital gains tax rate for high earning individuals to 39.6%, and up to 43.4% for some.He has floated...
With year-end and the holidays rapidly approaching, I thought it might be helpful for investors to share year-end tax planning/tax management strategies with their fellow investors. We often get so busy at this time ...