How long do I have to own a property before I sell it and the proceeds are subject to capital gains taxes vs. ordinary income? I believe it's one year.. but is that a calendar year (i.e. 1/1 - 12/31) or just 365 days?...

I just turned 23 and I am 15 months into my first house hack/live and flip deal. My brother and I owner occupy the property and rent out 3 rooms. With just over 40k equity into the deal it's obvious that we want to ca...

BP Nation,

I'm getting ready to start making written offers, so I just have a few questions regarding the process. Is the offer basically just a purchase agreement acclaimed with some sort of an explanation of the of...

Hello all, i have a 1031 question. To me it seems like a simple question but im getting a couple different answers. My question is about the profits of a 1031. Heres the scenario: I bought a flip for 100k, the rehab w...

Anyone have experience doing this? How does it work? Is it a headache or is there any type of legal issues with this method? I would love to start investing using little to no money down. However I don’t want to make ...

I have a seller with fairly low equity in a growing area of a suburb nearby. She really needs help and the only theoretical way I see it is through a lease option, then assigning to a tenant buyer. The margins are too...

I bought a second property with a conventional loan and I have spent the last year rehabbing it.  I have never rented it out and plan on flipping it.  Would I be able to do 1031 exchange on this property since it was ...

A family recently sold a duplex and purchased a new duplex using a 1031 exchange.  They would like to transfer ownership of this new duplex to their son.  Would this affect the validity of the 1031 exchange and theref...

Growing our RE business in the US certainly has its growing pains. In structuring our entities, (we function in Florida, Georgia and soon in Texas), we have been informed that, "...your company is a dealer in real es...

I have been trying to read up on the 1031 exchange rules and haven't gotten a clear answer. I currently own a rental property (condo) with a decent equity. I was thinking of doing a 1031 exchange and buying a SFR that...