Hey BP community. I've spent the last week or so trying to get the answer, but I can't get to the bottom of it. Here's a quick summary of my scenario:I just completed a new construction and expect to close the sale...
I am new here, a friend suggested I join this forum, I’m glad I found it, I’m sure I’ll be here often. I have a 1031 exchange question, can I do this? I own two adjacent properties, one is a 1031 exchange property (I...
So i finally feel confident enough to jump into the world of investment and this happens. I went to my local credit union to apply for a mortgage. i told him that this was going to be my primary residence and possibly...
Is it possible to utilize a 1031 Exchange for vacant land? Specifically can I use a 1031 to move from parcel to parcel? Also, what is the interaction between owner financed land and a 1031 exchange? Finally, how many ...
I purchased my first investment property a couple months ago. Initially we were only thinking about it as a fix and flip, but now we are considering giving it a try as a vacation rental for a few months. My wife and I...
How do you get by without getting charge crazy capital gain on your taxes at the end of the year in Indiana.
I lived in the house bought as a primary residence for 1.5 years. Rented it out for 4 or so years after. Moved back in for 2 years with the intent to rent it back out after I moved back out again (moved back in after ...
BP fam, quick question, I have owned a single fam property for 30 days. I paid $24500 cash and but $10k in repairs and was intending to rent but I have found a larger rental opportunity. Can I 1031 exchange it? I have...
Hi there,Very new and ignorant to real estate but was somewhat dragged in without being prepared. Here's the situation.... I have a home that is currently being rehabbed and that I plan to sell next year sometime. I h...
I signed A contract to purchase a home about a year ago for 380 K. I’m going to take position in a months time. The house is now worth about 600 K. Looking at all the comps and history off the prices here in Phoenix m...