I've looked online for some information about the average % of the final home price vs. the price you purchase the home for and found that the home should be purchased for 70% of your home's final sale price.  However...

Hello,Does a 1031 exchange allow me to sell a rental and roll the profit into a property that has two houses on it (one to be a rental)? Or does it allow profit to be rolled over into a property that has one house on ...

Greetings Everyone
I'm in the process of buying a investment property that sits on a lot that the owner wants to sell and retain a portion of the land to sale separately. He has already submitted the lot subdivision ...

So I understand the general answer would be to discuss my personal situation w/ my CPA, but in general- how would it work if I wanted to use a 1031 to defer taxes on a property I sell, but do so via seller financing? ...

Hey Biggerpockets Community!  I have a tricky question that I cannot find any good answers for on the internet.  Big fan of everything you give to our community.  Here we go….So my dad signed over his estate (house an...

Hi everyone I am new to real estate investment. I have a question on tax exemption.

If I buy a property for $700k and live there as a primary residence, but I rent out the basement for $1500 per month. When I sell ...

Hi,as far i was aware this whole time when you owner occupy your duplex one side and rent the other for 2yrs and you sell it within 5yr period there is no capitol gains tax. Is that statement true? I'm getting a lot o...

Hi, I have some questions on 1031 exchanges that I need to know before I make my next investment decision and I'm hoping somebody can help me with.  Here's my situation:I have two investment properties: A condo which ...

Hi all,There's a property I'm looking at in Florida that has been on the MLS for just about 90 days. I briefly spoke to seller and got her motivation and some facts about the property. I would like to pitch a sub to d...

Hey everyone, this is my first time posting in the community, so apologies in advanced if I violate any social norms here.As I understand, selling a personal property allows for no capital gains taxes to be paid on th...