Hi all. We have a 46 unit complex that is ready for a reposition. The location is superior and the density will probably allow us to end up with 64 doors when we are done with the project. Our MSA is in serious need o...
A friend purchased a property to be both an investment and a primary residence. Can you 1031 a house hack? It has been more than five years since he last lived in the home.
Hi there,
I have a property that's in an LLC and has been used as both a longterm rental as well as a primary residence (this includes 2 years total within the past 5). If I choose to sell it in it's current LLC stat...
Greetings from Indiana. We are about to list our primary residence for sale (house 1 for the sake of this conversation). We are already in the process of closing on a new primary residence (house 2), and do not need...
I purchased a single family in May '17 as my primary residence shortly before listening to BP podcasts and researching real estate. While I love the home, I have since realized my mistake and shudder when I think of t...
Hi all,
Wanted to pose an interesting question for feedback:
Is there anything in IRS section 121 that speaks to the impact on holding periods when there is an increase in ownership interest in the context of a prop...
I made my first real estate investment roughly 5 years ago, purchasing a 2-Family as my primary residence...living in 1st Floor Unit with my wife and we renting out the 2nd Floor Unit to tenants.
We're about to sell ...
Hello Fellow BP Members. Hope everyone is well & safe!
I'm trying to wrap my head around how one would refinance a hard money loan into a 30 year conventional mortgage loan.
It seems obtaining a conventional ...
Hi everyone,i need advice please on denying an application i just received on one of my units i am trying to rent out. It’s the first time i am doing it my self and this applicant sent credit history and information s...
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...