I have a question about long term capital gains. My original basis in my primary residence was $230k. I refinanced at $600k with cash out. Is my basis still $230k or does it increase to the $600k? I'm trying to figure...

When financing real estate do you try to keep it in one spouses name or the other? I know there is some benefit to having four or less and many people each spouse gets four instead of both so you can have more before...

Taxes
I'm flipping a house, hoping to sell it and buy a triplex for rental purpose. Is there a way to avoid capital gain taxes. Im thinking of pushing my 2024 tax deduction to 2025 as a way to reduce it a bit.

Are there laws or rules against a tenant's over-extended stay?one of the tenants just got married. of course before he signed the lease he assured she would come here and he would go there.and of course, it's just bee...

Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...

Hey BP,

I just recently put a property on contract in Logan, UT. It is a 4 bed/2 bath with a basement that has a separate entrance. It is blocks away from the university there and unfortunately, it is only zoned fo...

Hey everyone, I have a couple of questions as it relates to DTI. FIrst, I personally rent about 2 hours away from a property my mom lives in and pays the mortgage payment on though I don’t technically claim it as a re...

Hello BP,My name is Robin, as mentioned in the title I grew up in Liege, Belgium and have been living in the U.S. for about ten years. I went through college in Kansas and Texas, and I have been married to an amazing ...

Seeking advice on where we stand with SFH rental on a one-year lease that expires midnight, 31 March.
There are four adults on the lease, a married couple and two singles. One married person and one single have inco...

Commercial MAI Appraisals will cost between $2-5,000 depending on the size of the subject property. I am posting to help investors avoid sticker shock when applying for a commercial or multifamily loans. The majority ...