Hi all,I have a question about capital gains exclusion (living in property for 2 of the last 5 years). From what I understand, the exclusion is sort of pro-rated (e.g. if one owns a duplex and lives in one unit, then ...
Looking for some opinions on a recent home sale and possible capital gains exemptions.
In short, I purchased my primary residence in 2017. I resided in the home until summer 2020 (total 2 yrs 9 months) and then depl...
I'm a future multifamily investor; I won't be buying anything until I'm of age and have built my credit (and most importantly the know-how!). After reading and hearing of popular alternative methods for landlords to k...
Hello BP!
I have a tax question I'm hoping to get some insight on so any advice would be very much appreciated.
My wife and I are currently selling our home in Denver, CO. We have lived in the home for ~2.5 years. W...
My in laws have a 4 BR in a rapidly appreciating area on the outskirts of the DC metro area. They want o move to Florida and don’t have enough capital to keep that property and buy a new place. I want to buy 50% of it...
I am selling a 2 family I had purchased with an FHA mortgage about 4 years ago. I lived in the property for 2 years but now its just an investment property. Am I able to still do a 1031 exchange when I sell it?
Hey anyone/everyone...am I losing my mind? Where is BPInsights located on the website? Thanks!
Lisa
Hello all. Can someone explain the details of selling a house to a child?
Is there a limit on pricing?
Does it have to be sold at fair market value?
Are there limits to the “look back” for primary home exemption?
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I have a townhouse in the Bay Area norcal. Bought 12 years ago. Been renting it out 3 years as of March 2024.Recent townhouse sold for $980k in my development in 6 days, $150k over asking (2/2, 2 car garage 980sqft). ...
Hello BP,
I am closing on a 50 unit apartment building in North West (La Porte) Indiana. The building has been vacant for some time now.
I am evaluating cable options. I welcome feedback if you have any recommendati...