Good evening BP! I would like to throw this out there and listen to the feedback! I am curious to see what you would do if you were in my position!Currently I have 2 savings accounts. My first account is at the bank i...

I recently purchased a primary resident home and using it as an Airbnb. If I sell the home and purchase an Airbnb, can I do a 1031 exchange?

To all my BiggerPocket Investors and Professionals, I need feedback ASAP.(SCENARIO)I have owned a house for over 25 years as a primary residence and want to move and get a new house. I was thinking about renting it ou...

Hey guys! so I was supposed to have my closing this Friday on a HUD home but my agent told me today that because of this government shut down we can’t proceed with the closing yet. im not a big politics guy so I wasn’...

I have a 401k from an old job that I am trying to gain access to for investing. The amount is roughly 24k. If I stay in the W2 workforce I will retire in 30+ years. Since I no longer work for that job, I am no longer ...

Tax implications of a 1031I am trying to understand the tax implications of doing 1031 exchange on an investment property. I have an investment property that I lived in for 8 years and then rented for 5. I will have a...

What are your strategies for income shifting? Long story short, I have a client who needs to support parents, and they can do some small "administrative tasks" in his business. What is the most tax-efficient strategy?...

Hi,I'm looking to possibly sell my house in New Jersey due to an out of state job relocation. The house is a 2-family duplex that I live in as a personal residence while also renting out a unit. I have almost lived in...

How does Capital gains work if I purchase a duplex, live in one side as my primary residence and rent out other side. After 2 or three years I decide to sell duplex for say $60K more than I bought it for. Would I only...

Hey all, Thanks for reading, looking for a some extra advice here.  I bought my home 6 months ago, it was foreclosed but I knew the property well and that I could make a lot of profit on it if I just fixed a few thing...