Steve Hungerford
Can I defer capitol gains and keep low property 19 (CA) Tax ?
I am the POA for my dad. His house has high capital gains taxes (bought it 1983) and low property 19 (CA) tax base. Can I keep property 19 tax base on a 1031 exchange ? ( I have heard no)
Could I do the 1031 exchange...
Yoshi Uem
Net worth as accredited investor whose primary residence is MFH
Hello!I am trying to calculate my net worth to see if I am qualified as accredited investor.Question is,I own a duplex and live in one side and rent the other side. When calculating net worth for accredited investor s...
Account Closed
Funding Our Second Deal
My wife and I recently did a cash out refi on our primary residence and used the proceeds for a down payment on our first STR investment. We close on it this coming Thursday.
We ar super excited and I’m already l...
Daniel Dealmeida
The VA loan "Snowball"?
Good afternoon BP Forums! My wife & I are both U.S military veterans with access to the VA loan. I used my VA loan to purchase our primary residence for $240,000 back in 2020. Now that we've spent about the last 1...
Mel Haggerty
Rent current home to use towards the purchase of another property
Hi BP nation! I am looking into renting out my current home and purchasing a new one. I've done some reading and spoke to a few people and they have said that it is possible to rent and use that income to show when ap...
Nate Si
What are typical response rates in high income areas?
What are typical response rates for a direct mail campaign from an investor or homebuyer to potential sellers? What kinds of target groups give the highest response rates? Does direct mail from buyers / investors wo...
John Hua
Section 121 question
Hi all, Me and my wife live in our SFH full time for the past year. In the upcoming year, we are getting roommates to help with expenses while continuing occupying as primary residence. We have ~400k in gains after im...
Jason Baker
Seeking Direction/Guidance to Level Up Portfolio
Here is my scenario. I am a licensed Realtor in Volusia County, FL. I own two rentals in New Smyrna Beach, FL that bring in $5k monthly in gross rents. They are newer homes, less than two years old and they are free a...
Dennis Standers
HELOC
Hello Everyone, I am re-posting this question to change the subject from HELC to HELOC so it will hit user key words. Thank you. My wife and I are trying to buy a duplex in our town. We already have a nice SFH that ...
Jeremy Clark
Am I missing something?
I’ve been analyzing deals and everything in my area seems to have such a low profit per door once I factor all the expenses and the mortgage and I feel like I could potentially be more conservative but dont want to ta...