Hi everyone, I’m familiar with this rule and believe I qualify. However, I have never sold a home before and I’m curious how is this proven? Do I need to start gathering proof of my 2 year occupancy? Do I sign a form ...

Hi, I was wondering what is the best way to sell a real estate when it has a mortgage on it.

Hello all tax professionals on BP, I would like to reach out to the knowledge base to see if any of you have dealt with a similar situation as addressed below and how to properly handle it. Thank you in advance!Topics...

Hi everyone and TIA for reading this, my name is Breyan (Bre-on) and I am new to BP but so far am loving the forums and podcasts. First a little background on my wife and I. We are both 28 years old, both currently wo...

Long story short I have a tenant who got into an argument with girlfriend. She is not on lease only him. According to him (and the police) she hit him, he calls cops, initially they tell her to leave, she then goes a...

 I'm  about buy John Federo real estate investing in mobile homes and I am searching for deals in southern  California but I can't find any has anybody found deals in Southern California for $4000 to $5,000 is it poss...

Hi all,I'm looking into the tax implication of selling my current primary residence, which I used as a rental during a 4 year stint my employer sent me abroad. I'm interested to learn if there is any exceptions to th...

I have a tenant in Austin, Texas that wants to move out early and found someone to take over her lease. Anything I should do to ensure it goes well? I'm taking them through my normal screening process and am keeping t...

I bought a property last April that my son and 2 college student roommates are living in.  Getting ready to do taxes for the 1st time since purchasing.  Do I treat the property as 1/3 second home that my son lives in ...

Never buy properties which have tenants you can not remove right away. These tenants will be the trouble maker. Compare inherited tenants from previous owner, to the ones I found myself ---- totally different species....