I sold a rental for $430,000 and  deducting commission , closing help and transfer taxes were about $30k So, I am at $400,000 after deducting expenses of the sale.
Question 1-   Do I need to buy $400k in total replac...

I lived in a unit while I rehabbed it. Electric stove/oven was not new but in good working order. Tenants in two weeks and say oven is not working. I sent out a repairman who checked burners, oven and broiler and all ...

Hello all,

When rehabbing the house and sell it to retail market kitchen cabinets can cost some money, but fixing and reusing the old cabinets can save a bunch from what i read. Can alot of cabinets(not the ones tha...

Almost everyone within the commercial real estate investing realm shares a common misconception involving 1031 exchanges. Care to take a guess at what it might be?"1031s cause you to overpay for your properties" or "I...

Here's one for the seasoned investors and tax experts out there. Trying to verify something:I have a rental property that is fully paid off that we are considering selling. Based on what I've gleaned online, it appear...

Hello BP! I'm in contract with my first property and wanted some suggestions on the kitchen. Is it a good idea to keep the cabinets/countertop and just repaint? or Should I just replace the whole thing? It looks like ...

I first posted this in the Buying and Selling Forum, but I think it is better suited to this forum as ya'll are big multifamily investors. I'm ready for my first "Big" 1031 exchange. I've done several 1 for 1 exchange...

So I've got these tenants right now that are perfect but unfortunately are going to lose them at some point as they are trying to buy a house.They want to see if they can give us 90 days notice moving forward as their...

Hello all,I need to replace a roof on my property on the border of Lakeview and Roscoe Village. It's a gable roof with regular asphalt shingles. I knew I'd need to replace the roof soon after buying it in 2018, and th...

Hi everyone, The 20 year old dryer in our rental house died last week. I'm not required to provide a washer and dryer in the lease but since we had it there we'd like to replace it. The house is a student rental so I ...