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Results (10000)
Christopher Mendoza Rental Property Rehabbed to Sell -- 1031 Exchange Implications
23 July 2014 | 3 replies

Hi BP Community. What are the implications for a 1031 Exchange if a long-term rental property is rehabbed prior to sale?  For example, the homeowner improves the interior of the house (vacant with no tenants) in order...

Cerilenne Menendez Mendoza Remove PMI Without Forfeiting Current Rate
24 May 2022 | 6 replies

Instead of refinancing to remove my PMI, could I simply get my home reappraised and use that to show PMI is no longer needed without losing my current interest rate on my mortgage? My current rate is too good to refin...

Leah Dockter Converting from a 1031 to a Section 121
14 October 2018 | 3 replies

If a partnership does a 1031 exchange into 2 rental homes and then decides to distribute them to the partners can the partners qualify for a 121 each?  This is assuming each partner lives in a house for 2 of the 5 yea...

Dustin Le City is requiring a “whole-house mechanical ventilation system”
23 July 2022 | 5 replies

i tried google, but know so little that I can’t tell what’s what. I’m setting up a basement ADU and the city is requiring a minimum 30 cfm mechanical ventilation system. Does anyone have any idea what this is, where I...

Daniel Vikhtinski Multiple Real Estate Licenses?
5 October 2023 | 9 replies

Hi everyone, I’ve been lurking in these forums for a while and I finally have a topic I couldn’t find a lot of information on. I’m soon to be a licensed agent in Minnesota and I know there exists the possibility to ob...

Logan Turner Questions on Partnership with LLC and 401k
15 October 2017 | 4 replies

Ive reached out to a few real estate attorney, still awaiting a response. So I wanted to run it by some pro investors on BP.

I am purchasing a property through a JV. My LLC will be the active manager, my partner wi...

Linda Thomas Letter of non renewal question
18 April 2023 | 5 replies

All,
I was just wondering what everyone does when they are not renewing a tenant's lease because they have been a problematic tenant. Do you provide them with a reason why you're not renewing in the letter or do you...

Drew Sharrer House hacking question
27 January 2023 | 5 replies

Hello. my question is, I currently own a single-family residence that I live in, I want to buy a duplex, live in one side, and then rent out the other side and my single-family home. Would I qualify for an FHA loan by...

Joyce Riley 1031 Replacement Property Strategies
15 July 2020 | 16 replies

If you are doing a 1031 Exchange, do you notify the seller that you are paying cash as part of a 1031 when you put in an offer? Does this put you at an advantage because sellers like cash and don't have to worry about...

Manaury Marte How much should I charge my tenants for a dryer and a washer?
4 November 2019 | 8 replies

How much should I charge my tenants for a washer and dryer?