I wanted to know that how can I avoid paying capital gains tax if I want to sell the property. I know we do a 1031 tax defer exchange but thats only for investment properties. But how can i avoid paying capital gains ...

I am writing a Letter Of Intent for a 5 Unit near me, and would like some ideas of what to ask for in the LOI.
The owner doesn't have much in the way of financials (old school) a couple tenants pay in cash he in turn...

First post here. Have been learning a lot from your questions and answers. I am purchasing a property meant to be short term rental. On the loan estimate it mentions Owner’s title policy as optional. Should I purchase...

Hello BP Nation!
This thread is to the active membership here on BP and for the benefit of the new members who come to our site, as well as all of us.

It has been brought to my attention from several members who are ...

How do I go about getting a house under contract?

Hi,
I found a lot of good information on the website concerning the setup of a Canadian and US partnership. Depending on many factors the answer is not straightforward. I’m Canadian and I’m setting a buy and hold bus...

Hey BP. Have a house we're just about finished rehabbing up Duluth way. I'm all in for around $195,000. ARV back in March when I bought it was around $245,000 but the market's appreciated a ton since then and there's ...

We are going to buy a home that has a carriage house (on the parcel) and I was curious how I could firewall the liability if something were to happen in the onsite rental .... I would assume I cannot place the buildin...

Disclaimer: I sincerely do not wish to offend anyone... however, I would like to very kindly request to only have individuals that have actually been in this situation to provide feedback. Although everyone's opinion ...

Hello, and thank you for taking the time to read this and for your helpful answers. I’ll get right to the questions.So, I hear that hard money lenders let you borrow up to 70% of what you need to buy and rehab a prope...