Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years. Does anyone know off-hand if that is for the calendar year or exact dates? Assumin...

I was wondering if selling your primary house to your LLC and renting it back would be a good or bad idea?  Thinking about depreciation, maintenance cost, taxes ETC.  I know it may depend on state specific guidelines ...

I have both first and second mortgage of my primary home. The second mortgage rate is much higher than first.I also have several rentals which have either 15 year or 30 year loans, they have different interest rates.I...

Hi BP community,
I know this question has probably been addressed several times, but since the landscape is constantly changing with covid and every situation is nuanced, I figured I’d ask with my exact situation.
I...

What is the Augusta Rule?
The Augusta Rule, known to the IRS as Section 280A, allows homeowners to rent out their home for up to 14 days per year without needing to report the rental income on their individual tax re...

Q: Should I pay an extra $500 on my principal on my primary residence or save it towards a rental property? Overview: New homeowner, $120k income, ~7K monthly net income after deductions (Roth max, 401K, healthcare), ...

Hello!I operate an Airbnb listing, renting out the second bedroom of my primary residence (which I own). I recently opened an LLC for my other rental properties. With that, I have also opened up a checking account to ...

Hi all! I have a few options that I am looking at regarding diving into Real Estate Investing, and scaling at a decent rate, that I'm hoping to get some feed back on. I have been agressively hunting for my firsrt SFH ...

Hey BP community, I'd like to get your opinions on this. I'm moving back to AZ and I'm considering whether to buy my primary residence with a VA loan or go conventional. 1. My reason for considering conventional is: I...

Hi folks,Long time lurker, first time poster!I have a HELOC on my Texas primary residence and am considering a house hack for my next purchase. However as Texas only allows a HELOC on your Primary Residence, I don’t w...