I currently own and live in a single-family house that I paid $40k for. I am looking to "house hack" aka live-in rehab in a home I am currently in the works of obtaining through seller financing, since it is non-FHA ...
if buyer and seller agree to an increased sales price to assist the buyer with his closing costs, doesn't the seller wind up paying more capital gains on the increase? Is this something that benefits only the buyer?...
BiggerPockets Family,I am active duty Air Force currently in Denver, CO but am about to move between December and May 2019. I bought a condo in Denver (plan to Air Bnb or rent when I move) and am looking to refinance ...
We’ve been told by our real estate agent and by a lender that we can use the 1031 exchange for our primary, however, everything I’ve ever known about the 1031 is that it is ONLY for investment or business purpose, NOT...
I recently purchased a live-in rehab project with a targeted 12 month rehab and resale period. I bought the home because it is my kids last year in a private school in the city; meaning we need to relocate to another ...
I'm not wealthy enough to do it alone and I was wondering if BP has designated a charity to support. I also know that a charity is a great PR stand. I'm confident it would add considerable professionalism to REI.
W...
Will we finally see a recession, and a significant downturn in the market? As scary as all this is I’m optimistic that deals may finally become easier to find. The government can bail people out and prop up the market...
So, I have a property that is held jointly by my husband and me (title is in both our names). We'll be selling this as part of a 1031 exchange, and I would like to take title to the replacement properties in a LLC (wi...
Hello, BP. I have a situation that I would like the hive-mind's thoughts on. How will the formula for Capital Gains be affected after a spouse passes away?Real life example for clarification. Home is purchased in 2002...
how to file my taxes for 2019, when I have an LLC in calif. and one in texas under a LLC in wyoming. I need help are there any tax people out there that can help me without costing me an arm and a leg. I live in Cali...