Hello BP! Just trying to better understand the tax side of a home sale. I lived in my 3 unit for a little over a year now and plan on selling. Will I be taxed on capital gain?

Hello everyone! From what I've gathered, when converting a property acquired via a 1031 to a primary residence, one needs to be very careful to not trigger tax consequences by rkeeping the newly acquired property for ...

Hey guys, in a little bit of a predicament. I have been working with a realtor (realtor A) for about 3 months or so trying to find a property... We've put an offer in on a property, and we are just waiting on that pro...

A couple months ago, I made an offer for a house via my buyer's agent.  This was the first deal this agent and I worked on together.  Throughout the process, I have been disappointed with this buyer's agent's lack of ...

What would be the pros and cons of each option? I’ve run into a scenario where a seller wasn’t willing to seller finance, but came back asking if I would consider a lease option instead. 
@Steve Vaughan would you be ...

Does anybody know if the $350k/$500k Home Sale Tax Exclusion applies to commercial apartments or is it limited to SFH, condos and apartments with up to 4 units?

Hello everyone,

We, my wife & I, have a primary property that we have lived in for 18 months. We will be selling our home and our net profit will be tax free due to our primary property.

We also just sold our...

I've been speaking to a seller who relocated out of state due to work in June, 2011. He lived there for at least 2 years, so if he sells before June, 2014 he can avoid the capital gains tax. His current lease with ...

I'm looking for some opinions for thoughts on using more than 1 realtor to search for investor properties.  Is this common practice?  Or do most only utilize a single realtor to be on the lookout for properties you as...

I don’t think I would, but for some reason the IRS’ web sites example claims that I would, despite it conflicting with several CPA articles that I've read that state otherwise. I thought that as long as I lived in the...