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Hello BP crew,
I am wondering how you guys go about finding rental comps. In a perfect world, I could look at what is currently being rented and figure out an accurate range, but I cannot seem to find that informatio...
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I have 2 rental properties, Texas and Georgia. I sold one in GA in 2018 (which we purchased in 2007) and didn't do 1031 Exch. Now, the depreciation hit me back as gain when doing the tax report. However, I reviewed th...
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I am curious as to how strong the rental market is in Columbus and Cleveland. I grew up in Columbus and have family in Cleveland so I am familiar with both areas and have considered investing in either city. I am curr...
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I am toying with the idea of self management, however I am haunted by the what-ifs and hows.I would love any feedback from other landlords on how you got out from under a current property management agreement upon exp...
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hey there BP. Im currently looking to transition into buying and holding and looking to acquire my 1st asset to start building my portfolio in this coming year. I currently have a access to a 40-50k loan from a family...
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I was wondering if anyone knows if the 250k or 500k for married couple capital gains tax exemption can be prorated? I’ve lived in my house for 6 months but it’s gone up in value $100,000 and capital gains would make o...
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Hi BP, I am trying to work out a seller finance deal with my neighbor who is 100 years old. The property is a duplex, and he plans to give all the proceeds from the sell to his daughter. Her plan is to get the absolut...
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Hi All,What are some tax implications to keep in mind for flipping a single-family home in California? For example, if I were to purchase a home for $1M, fix it up then sell it for $1.4M, how much of that $400k gain w...
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I have a duplex that I'm weighing putting on the market in the coming months. When I purchased the property it was through an IRS auction & I am wondering if anyone has any insight on if the back taxes that I pai...
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Trying to decide if now is the time to sell?
I currently own a single family house in Rochester, NH that is coming up on the end of its 12 month lease (end of November). I thought I was going to hold it for quite s...