What happens when you 1031 exchange into a property, and then that property is sold at a loss? Does the IRS try to recover the taxes that would have been collected if the exchange had not occured?

I have received conflicting information and would like some BP input. I have been told that you can carry a loss back two years on an amended Federal 1040 and recover previously paid tax, but the same loss on your Cal...

I'm curious about wholesaling, and after listening to all of the podcasts about it, I still can't figure out why it would matter if a house has equity. We are just buying and selling the contract right? Plus, the buye...

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...

Hello, I have jumped into investing in single family homes in Northwest Indiana, in Lake county. I now own 11 homes, and have been working with a property manager that I personally do like. I would like to explain ...

Hello.I have 2 properties from 2 different hard money lenders that I used to a flip, I am supposed to pay my Lenders maturity in about 2 months.. both loans were 75% of ARV, I fixed them up, properties are in the mark...

Hello BP team!Having a tough time finding a company to cover a multifamily property that I intend to owner occ in Jersey City. And when I do, the premiums are insane. Anyone have any homeowner insurance contacts local...

I think Texas will be the first market to recover from the financial impact of the virus. Texas is a jobs Tiger.
Then in no particular order, Utah, Montana, No. and So, Dakota and Idaho (because they are not as effec...

I just learned that one of our members, Dale Osborn, passed away this weekend.

Oregon tour bus crash: First of 9 victims identified as Dale Osborn of Spanaway

Our condolences go out to his family. Dale was very act...

Hi BP Community,I have been in a 2 year battle with an experienced squatter tenant that knows how to work the system.  I have finally gotten a court date to get back possession of my property on March 15th, 2022.  I h...