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Results (10000)
Daniel Roman How to get your buyer to sign a lease to own agreement online
28 December 2016 | 17 replies

Hello all, I am a new wholesaler just getting my beak wet. I have found someone interested in closing a deal. Ideally I would like to just get this BP contract I found under the file place signed online so I can get t...

Peter Morgan Converting 1031 exchange to primary possible?
28 June 2022 | 8 replies

Hello,I am considering doing a 1031 exchange on an investment property that I have and would like to know if there is a possibility to convert it into a primary at a later time? What would be the tax consequences. App...

John Hopf Tax implications on Spec Home
19 December 2020 | 6 replies

I am new to BP, and have spent hours combing thorough the forums...  it is remarkable how giving and generous so many of you are, thank you.With that being said, I am looking to build my first spec home.  I have learn...

Brian Mitchell bought house to use as personal residence but now will sell it
21 August 2015 | 8 replies

Hello everybody,I bought a house "up north" at a tax sale at the end of 2013. Original intent was to fix it up and move/live there. The house needed work but I didn't do to much to it in 2014 but this year I am gettin...

Terry McPherson Sell or rent a recent purchase.
31 August 2018 | 4 replies

Recently purchased a 3B / 1.5B and my intent was to rent and hold.  I have 122K invested total after rehab and was initially estimating the house had an ARV of 150K.  Found out today that was incorrect.  It would be v...

Justin Glowa Tax information for investor with no rental income yet.
4 March 2020 | 2 replies

I purchased a Single - Family home with the intention of turning it into a househack. The home has been registered as my primary residence.  I have been working on many renovations since, but do not have any rental in...

John Lopez Offsetting profits from a property flip
27 March 2017 | 3 replies

Greetings, I purchased a home in Feb that I was intending to renovate and add to my existing buy and hold portfolio.  The renovation is near completion, and I was approached by someone that was interested in buying. T...

Kevin Dubina Can vacant land be 1031 exchanged for vacation home?
1 February 2020 | 1 reply

I understand that "like kind" is extremely generous, so trading vacant land for real estate shouldn't be a problem. But is a "vacation home" that gets rented out on VRBO or the like when not being used by owner consid...

Eric Davenport Moving in to a 1031 exchange
23 December 2023 | 4 replies

We bought an STR using a 1031 but spent the first 6 months rehabbing before renting. We'd like to move in and understand to defer taxes must wait w years. Does this timeliness start from when it was rented and after r...

John Silva 1031 Exchange .. next investment multifamily 3 units & up
18 October 2019 | 4 replies

Hello everyone ! My first flip is coming to a end two more inspections and the for sale sign goes up. Now I'm looking for a multifamily 3 units or more for my 1031 Exchange. I am welcoming any advice or shared experie...