Randy Smith
How Can a 1031 Exchange Help Defer Capital Gains Taxes
If you hang around the real estate investing space for any amount of time, you will hear the term “1031 Exchange.” You’ll likely be curious why this strategy creates so much excitement, so that is what we’ll walk thr...
Sattir Bitti
Can 2 properties be exchanged using 1031 to buy 1 bigger multifamily
Hi All,Is it possible to sell 2 properties and use 1031 exchange to buy a bigger multi-family? If possible, is this a good strategy? ThanksSattir
Marshall Leipprandt
I Stayed in an Airbnb in EVERY STATE (Except Alaska)
My wife and I recently went on a 48 state, 5 month long road trip across the United States. As real estate investors, STR owners/managers, and real estate agents, we made it our mission to stay in an Airbnb in every s...
Yue Tian
AirBnb Expense Writeoff
Hello, I started my first AirBnb late 2023 and it was rented out for less than 14 days. Based on the 14-day rule, I don't need to file any profit from my short term rental. However, my main expenses (furnishing the pr...
Jesse Flores
$215K down to $198 but all CASH!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Harlingen.
Purchase price: $198,000
Cash invested: $198,000
Sale price: $215,000
Duplex built in 2008. $215,000. Cur...
Account Closed
Rental Rehap/Repairs
I bought a single family rental 8 months ago. The tenant of 8 years has signed a new lease. The house was in need of numerous repairs. I replaced the roof, put some new flooring, remodeled the bath, and painted outsid...
Freddy Pettiford
Exit Strategy
Hey BP, My home that i currently live in i purchased for about 80k in North Carolina using a VA Loan. I have only lived in this house for about 6 months and only plan to be here for another 2 years. At that time i wil...
David Smith
home improvement contractor
From the state website, it only needs registration and business insurance for anyone to be a contractor?
No exam or skill tests?
Very easy to obtain the license, huh? Could be good to a handyman or property ma...
Amy Stanley
cash-out on my investment property 1031 exchange?
I am doing a cash-out refinance on my investment property. I will be using the money to invest in another investment property. Do I have to put the money into a 1031 exchange if I plan on purchasing before the end o...
Rick Im
Do these expenses qualify for start-up expenses?
Hello,
I purchased my first rental property on October 4th. After a month of renovations, I listed it on the market on November 19th and secured a tenant with a lease starting on December 10th. Before this purchase, ...