Maria Zielinski
Buying partner's share of apartment building & limit income tax
I own a multi-unit apartment building with my parents and they are looking to sell their share. I purchased their partner's share about 15 years ago. They have owned it almost 30 years and their accountant is recommen...
Harrison Lopes
Upgrading from Duplex to Multi-unit via 1031 Exchange - Thoughts?
Hi BP Community,
I'm interested in folks' input on whether the below is a good idea and if they have had experience doing what I'm thinking about.
First some background...I purchased a condo shell for $25K (cash) a ...
Matt R.
Lebron James brings 400mil and 3000 jobs to LA?
I read recently, Forbes I think, that his move to LA brings in 400 million new cash and 3000 jobs. That is insane and does that mean Cleveland loses 3000 jobs...or did Cleveland see any economical impact when he came ...
Anthony Buonanoma
Questions about capital gains on property that sat in probate for 5 years
Hello, this is my first post and I'm hoping someone can give me a bit of advice. I had a relative pass away in September 2016 and they left several family members properties. I was left a paid off condo in Margate, FL...
Justin Summers
Question on Properties bought and Held but not Rented
I bought several properties at tax sale in 2022 and I'm doing my taxes now. The properties are unlivable and have not been rented and are not offered for rent. They are just sitting. I do have costs incurred maintain...
Roland Manlapig
New Investor! (Not in Jersey City...)
Hey everyone!Brand spanking new investor here. Deep in the corporate rat race with no means of free time and/or meaningful wealth generation. I'm also the owner of my photography business with early aspirations to tra...
Douglas Curtiss
Land obtained by tax deed has mobile home on it
Hi all. Wondering if anyone has run into this. I had a tax lien in Arizona that I took through the judicial foreclosure process and now have deed to. The attorney who did the foreclosure suit hooked me up with a realt...
Joe Cassandra
Trump vs. the Affordable Housing Rules (what does it mean)
None of this post should be focused on "POLITICS" or "who is right and who is wrong."
Below is only to discuss what it means for real estate investors. Trump just struck down a rule from the end of the Obama years -...
John McKee
The local government wants to by my land/easement
I have a property in which the local town needs 1,300 square feet of land to widen the road. In concept I'm okay with it, but the project doesn't provide any real value to my property either. In addition to this per...
Daria B.
1031x and seller repair credit
Hi
Repairs were going to be paid for before closing, as the seller having some other time sensitive activities needing to be met, my agent and I decided to grant a seller credit to the buyer for these repairs. Otherw...