Good morning BP,
I am curious about 1031 Exchange and have a couple of questions. 
How did you start using 1031? What are the benefits? Are there rules associated with 1031 or any specific guidelines that need to be...

Let’s talk about taxes. If you are already groaning, you are going to want to read this. The trick with taxes is creating a strategy a year ahead, executing your plan during the year, and reaping the benefits the foll...

Hoping a CPA or another person can provide some insight and definitive answers when it comes to land contracts, and tax consequences when selling real estate on land contract. Also, if an asset is held for under a yea...

Greetings my name is Gail Boucher. I 70 y.o. and own a 3 family which im sick of being a landlady. I bought the house for 230 in 2007 and its worth 600 now. I dont want to buy another rental obviously but i want to av...

So today I stumble upon something new that you the reader of this post probably learned years ago. I burn some time on YouTube watching videos on paying less taxes.One popular real estate youtuber grant Cardone says d...

I recently finished construction on an 8 unit apartment building and it contains a mixture of 5, 15, & 27.5 year property. My question is, I have invoices for what those specific items cost so do I still have to h...

Hi Everybody! I need to get a question answered ASAP because my accountant isn't getting back to me, so I figured I'd try out asking the BP community. We would like to make an offer on a townhome that will eventually ...

I've been speaking to a seller who relocated out of state due to work in June, 2011. He lived there for at least 2 years, so if he sells before June, 2014 he can avoid the capital gains tax. His current lease with ...

Hello, I'm in conversations with my neighbor to sell me her house, and I want to pitch a seller finance idea to her. I want to understand better what this would mean for her, to use that as an argument to convince her...

What is the general consensus here?  Will we lose 1031 at the higher level? (over $500k)...https://therealdeal.com/2021/0...Realtors, etc. have some pretty fancy lobbyists... but I just don't know.  The power of the t...