I am single and own a house free and clear and it's worth about $500k. Under current laws I can only exempt $250k from capital gains. I could get married and file jointly and the exemption would be $500k which is enou...

Hello BP Family!  My name is Ronald and I'm going to jump right into it.  I'm currently looking to secure a joint loan with myself, my mother and fiance for a property in Houston, Tx.   A little about our situation: I...

Hello BP community, My wife and I own 4 rental properties in Denver, 3 of them single family homes and one is a duplex. This year we are planning to sell one single family home and possibly another if capital gains do...

Where can i find inexpensive but quality kitchen cabinets? Is there an online resource for designing and ordering cabinets? I live in Canada but would consider ordering from the US if the price is right. Thanks 

If my capital expenditures on a rental property exceed my rental income, can I use those expenses to offset W2 income or does it only offset passive income? I just got my first rental property rented and I’m trying t...

I and my step-mother are partners in one residential rental property 50/50. I and my two sisters will inherit the rental. My step-brother will inherit her primary residence. My stepmother died Dec 25th 2023 (96 y...

As I understand there are two different kinds of homesteads in Florida.One would be having your main residence safe from lawsuits, and another would be related would be related to property tax savings.If a house has a...

I have a rental property in my hometown that I bought 5 years ago and is generating good income. Its fully paid off. For tax purposes, I want to transfer this property to my son (student 18 years – going to college 20...

Hello BP Community, I’m looking for some advice on how to fairly combine a personal asset with a joint owned LLC. Sorry if this is lengthy I just want to make sure I adequately describe the circumstances.
First a lit...

My boyfriend owns a home with his ex girlfriend. It was bought as a tax sale. He has been the only one putting money into the home for remodel and repairs all with his own money. He works all day then goes to the hous...