I've struggled, along with others, with the 2% rule. It has some drawbacks which I think can be improved upon with BP community help.

Simply stated, the income from a house should be greater than or equal to...

Hey everyone,
I am considering my first 1031 exchange. PP was 900K, value now 1.5M. After everything is paid related to the sale, including mortgage pay-off, I think I have about 700K to spend. Both the relinquished ...

I've got two questions, but they're related. First of all, how should we apply the 2% Rule, or another similar guideline, to improvements? Specifically, I've got a triplex that doesn't have central heat and air. The t...

I'm looking at a 2-unit property, and I want to make sure I'm not letting my emotions get involved. I LIKE this property, but I'm not sure if the numbers add up:

Since late 2008, the previous owner has replaced roof...

I'm looking at flipping a house within City of Houston (this would be my first). It was built in 1952, no signs of code updates (electrical, smoke detectors, etc). If I'm thinking of doing a rehab on this property (it...

Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...

Is it possible to do a 1031 on a partnered property if the new property is the same split? Can you use some of the proceeds for the down and some for the rehab? 1031 is new to me. I have never done one.

Is there a way to sell through a 1031 Exchange but then put the proceeds directly into a bunch of capital improvements at an already-owned like-kind property? This way you do not necessarily need to identify a new pro...

Good morning all... I purchased a residential property for a long term corporate client in November 2017.  The client asked for some remodel work to be done and expects to move in on March 1 2018.  It's pretty signifi...

I am looking to sell 2 duplexes that are not cash flowing well. I own some land and already have plans to put a quad plex on it. Can I use my 1031 exchange to build the quad? Or split it and use some to build on anoth...