Hi everyone,
I don't know if this question has been addressed before (my apologies if it has since I couldn't find the right thread). I'm thinking of deeding our rental properties into an LLC (our lawyer suggested Ge...

Here's my situation. Last year I purchased a distressed property and spent the past year fixing it up. I was going to try and sell the home so I can purchase 2 homes that I'm looking at. I'm also engaged and getting m...

I was under the impression that 2 years was an all or nothing rule for the capital gains exclusion on your primary, but apparently that's not the case. Does anyone know if this prorated system was just proposed or is ...

Greetings, all!My fiance has a family member that is willing to sell us a house for way under its current value that she inherited from her adoptive mother, who passed away a few years ago. The house is in a bad state...

Hello all! I am in a dillema and that is whether I should purchase an engagement ring or use the money to put down on my first house. Here is some info about me:My girlfriend and I have been dating for 6 years (since ...

-After college worked as a missionary raising support to provide for living expenses. -1 yr later felt called to the Fire service and step back from being a missionary. -Was selling personal items to make rent and buy...

Hi, BP!I just joined after having read numerous articles and forums on here for some time now, and now I am planning my next move. Here's my situation: bought my first property - a condo - in the north Seattle area as...

Hello,I am in the process of house hunting with my fiancé. Originally, I really wanted to purchase a multi family so we could live in one unit and rent the others out. I have come to realize that she really would pref...

I recently bought a duplex in MN. This is my first house/investment. I plan on living in one side and renting the other out. The current tenants that live in the opposite side I’m moving in have lived there for 5 year...

From CNN. Can deduct unlimited real estate losses off regular wages, no income restrictions, and retroactively to 2018. 
“Previously, if a married couple had depreciation deductions that exceeded their real estate bu...