Hello, my father is selling a ranch that he owns for 4 million and looking to downsize and purchase a lake property for about 1 million. So, this is putting him in the position to have to look at the possibility of do...

I read somewhere that you can write off on your taxes a certain portion of your income if the property is younger than 27.5 years (or something to that tune). I recall there being something about a 10K threshold. Mayb...

Hello,I’m doing my second live in flip and trying to not make the same mistakes I made last time. One of the things I’m interested in are the best improvements if I’m just going to flip it versus if I wanted to turn ...

I bought a home in 2021 and lived in it for 2 years. After the 2 years i moved and turned it into a long term rental. If I were to sell the home within 5 years, is the gain on the home still tax free? Or does it not a...

Hi everyone,I wanted to run this scenario by you to see if it’s feasible. If I house hack for the next five years and gather 5 properties could I then turn around and sell those 5 for a commercial property via the 103...

Hello BP,I’ve read in a variety of places on these forums that it is financially more advantageous to own real estate in your own name as opposed to your solo 401k. Let it be said that I’ve primarily interested in sma...

Ladies and gentlemen, I believe I have stumbled across an awesome strategy. Its not magic, its not a miracle. But it seems like an incredible short medium and long term play.
Before I begin there are a lot of very sp...

I am looking for advice on what I should do if I want to sell my home if I have not lived in it for 2 years yet. I live in Austin and the housing market is insane and I want to sell my home and move to a more affordab...

Hello BP Community!!My wife and I decided to sell our home and invest whatever profits came out of the deal. In the meantime, I have been binge watching YouTube videos, networking at REI events and attending any semin...

I have a 4 plex I've owned as a rental for 3 years. Cost basis 300k, value 600k. Can I 1031 exchange this into a nice $600k SFH that I rent out, and later on move into to as my primary residence?How long would I have...