Mornin’ BP! I have a $150k piece of land (w/ well if that matters) that I intended to build my primary residence on. I own the land free and clear but I now intend to use it to help get into a MF investment property. ...

Hello BP Friends, Can we do a 1031 exchange on an investment property we bought 9 months ago? Is there a tax implication? What are the things we should be aware of when performing a 1031 exchange? Please educate.

I'm currently rough planning to purchase foreclosures on the courthouse steps (up to around 4 per year) with the desire to fix and flipping them within a 90-120 day window (notice I didn't say intent there). The plan ...

I recently closed on a single-family home that I planned to renovate and rent out. But now I'm considering selling it and rolling into a larger rental property through a 1031 exchange. I want to make sure this qualifi...

So If I purchase a home as my primary residence with all 100% honest intent to live in it. Mortgage laws say that I intent to inhabit the property as my primary residence. However, what if I have to relocate to anothe...

I purchased an SFR in September and have tenants in there.  I was contacted today with an offer to purchase the home for quite a bit more than I have into it.  I know you can do a 1031 exchange on the capital gains of...

Hello everyone. Have a friend with the following scenario: Purchased 3 family house. Purchase price, rehab costs and holding equals $700K. Each of the 3 floors will be sold as condos for $350K  a piece or a gross prof...

When I was a property adjuster on the south side of Chicago over half of the propertites I dealt with were landlord owned. There's one particular scenario I saw a lot and wanted to give folks a heads up on what it is...

I have a property under contract and an issue came up with my end buyer. He is unable to take the property because of an unexpected problem on another house he is rehabbing. When talking to the seller BEFORE getting i...

Guy's I'm in class currently to get my realtors license. However, I'm starting to have second thoughts on the benefits to this as an investor; specifically a flipper. The primary reasons I wanted my license was to get...