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Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years. Does anyone know off-hand if that is for the calendar year or exact dates? Assumin...
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I recently hung my license with a broker and ready to start the grind but where do I start? what are some tips to help me get started on the right foot? Thanks BP!
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Contrary to popular borrower belief, the mortgage business is actually more about people than numbers. In the beginning it might be all fun and games with X's & O's and spreadsheets of mortgage quote comparisons b...
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I think that every Investor should have more than one Lender that he/she can go to finance deals. My question - Is it wise or does it have the potential of getting an Investor in over his/her head? Having this option...
irs rules for a 1031 exchange are the most convoluted in the entire tax code, IMHO. Nobody "exchanges" a property and a mortgage for another property and mortgage, its usually always sell and buy or buy and sell. The ...
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I've devoured all Youtube videos and form posts related to setting up an appropriate entity structures. I've also spoken to a few services popular here on BP. At the end, I'm still confused.Here is my situation- W2 ea...
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I'm looking for a CPA to help with my taxes this year, as my portfolio has gone from 1 to 5 homes. I am in the Houston area, specifically the Kemah area. Can anyone make a recommendation?Thanks,
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Today I discovered the Augusta Rule. This is how it works: If you're a business owner and you use your home to host business clients or business meetings, you can charge your business for the use of your personal home...
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I am struggling to choose the right app for me. I know that bigger pockets kind of promotes rentredi. But I seem to read a lot of negative reviews from tenants and it is concerning. Is it really the best app for me to...
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What percentage of buyers purchase from a buyer's agent? I know that people do a lot of "shopping" sometimes and never pull the trigger when it comes to sales. What is the rough percentage of buyers who buy from a buy...