Hello All! I have recently bought a house in January 2016 but am considering taking a job offer that would force me to relocate. If I sell this house I will profit, but how can I avoid taxes on this profit? I plan to ...

I wanted to know that how can I avoid paying capital gains tax if I want to sell the property. I know we do a 1031 tax defer exchange but thats only for investment properties. But how can i avoid paying capital gains ...

We purchased a rental property and had to invest major amounts into repairs. The cost of the work is expected to exceed the projected rent income for this and may be couple more years, and we were hoping to recover th...

Hello everybody. I would appreciate any advice whether its to keep the property or to sell it. I have a single family house that I currently rent out. The house was originally our primary house. We owned it clear and ...

Hello BP Community,
I bought a 1 bed/1bath duplex this summer and have been renovating the front unit. That part is going well! The plan is to renovate the back unit and make both units into either AIRBNB's or rental...

Here is the scenario. Joint tenants (not married) have lived in their California house as their primary residence for last 10 years, except for 3 years when they rented it (2014-2016). During those years they each cla...

Hello,A business partner and I are looking to purchase a 4 unit multifamily building.  We are curious regarding how to structure the partnership.  My partner plans to live in the building and take care of it, taking o...

I live in Seminole County, FL (Winter Springs).  My lease is almost a year old and states "The tenant shall provide his or her own pest control services".  Upon moving in last year I asked the landlord's agent "Are yo...

My mother owns a property and wants me to help her sell it and get paid for itWill she have to pay capital gains if she takes that money and re-invests it?She plans on making 50k and purring that 50k into a NEW barn..

Good morning, I was just wondering how taxes work. My wife and I are looking into a duplex that we will house hack. I know you can write off certain expenses but how does that help??thank you,
Anthony Williams