Good morning BP,I'm currently living in a house hack duplex/ live in flip. I closed on the property 125k in August, put 10k to make my side 90% complete, then put 7k in the other half. I had my old roommates move in t...
signed right to buy contract then found a fsbo on own and made offer on own. Am I still obligated to pay commission to agent who did nothing.
Hey BP my mom is thinking of the future and eventually selling her home, it's worth about 1.5-1.7 million. I was wondering, for a 1031, is possibly to spilt it in 2 two properties? Let's say 2 750k properties? Or must...
My wife and I purchased a duplex in July 2016, lived in it for 26 months before using it as a full time rental, and sold it in September 2020. Our accountant has stated that because we claimed it as a rental the last ...
Hello! I have a 3bedroom single family house that is used as an Airbnb listing, I had a Safeco homeowner insurance which my agent told me it can cover the short term rental. However recently I reviewed my policy and f...
Guys, looking for some advice.I've been working with a Seller to list her property. It's a long story but she was in a legal battle so I've been doing inspections on the property once a month for the last year. Some ...
Hello!I am relocating to another state for a new job and am trying to decide if I want to sell my home and re-invest in something up here. Some final facts I need to make a decision are the tax implications, any help...
Thank you to everyone who takes the time to read these posts and share their experience.
My question is what would motivate a seller to use seller financing to sell their primary residence using seller financ...
I'm hoping that someone can help me figure out a tax question related to capital gains. This is really a two questions.
I've been reading about the exemption from capital gains if you occupy a primary residence for ...
I have a 38 unit apartment complex. Twenty five years ago (or so), the building was wired for cable. It is now a mess. Time Warner came out to do a site survey and have offered a complete, professional rewire of all t...