Hello BP,We are upgrading our personal home and trying to decide whether to sell our current home tax free thanks to homestead or turn it into a long-term rental. Does anyone have a concise formula for this? With no r...

Have anyone been picked for IRS audit upon sale of a rental property?How many years does IRS go back in terms of checking the reported expenses and income, and the accumulated gain/loss over the years?   If you read t...

I just turned 37, I calculate I have a current net of around 2 million or so. Most of it is in real estate with 4 properties (including my primary). There doesn't seem to be any attractive place to either invest or pa...

BP,

I was perusing antique furniture on ebay and noticed they have a real estate section. Has anyone purchased or sold any type of real estate on ebay? I would love to hear about it.

I am inexperienced at real estate investing. My only previous attempt was crushed by the 2008 recession. My wife and I had built a custom home on acreage in 2004. We planned to live in it a few years, sell it and rein...

In February 2024, I purchased a tax lien from Nassau County NY. A few months later, I received a notice to redeem letter from a 2019 tax lien holder. The owner has until November 29 2024 to pay the 2019 tax bill or th...

Hey guys. My wife and I have been married for 1 year. My wife is someone who takes convincing to take on risks and I understand her concern since my tendency is to pursue things feet first and go after it. She is okay...

Wholesaling ain’t as easy as it used to be! It’s become over saturated thanks to the Guru boom in recent years sharing all of the trade secrets on YouTube (heck, that’s how I learned!). My long winded question is this...

Hi all! I am just starting out in REI and am looking at every option of saving and building capital to invest. I am 25 and contributing around $100-$200 a pay period to my 401K. I have only begun contributions last ye...

I own a 2 flat brick building in Chicago. Over the years some brick cracks and other outside work has accumulated. Some concrete areas around the building need to  be fixed. I would guesstimate 20-40k in repairs.  I h...