I was just informed that the insurance for one duplex (with an outside stairway to the upper) will cost as much as two other mixed residential/commercial properties combined.  Anyone experienced this? I had Rural insu...

Hi BP Community,I’m sorry to do this but I’ve been looking for days and can’t seem to decipher all the information I’ve read correctly. I’m trying to determine my tax liability on the sale of a former primary residenc...

Hey guys...long time listener first time poster. Here’s my problem. My wife and i bought a house in foreclosure at an auction with 100% intentions of moving in to it.  We bought the house for $250k. The house needed s...

Hey everyone!
I have been on the search for a 5% down payment option that excludes paying PMI. I came across a 2.99% APR, 5% down option, with NO PMI through a local bank, however, it is an adjustable rate mortgage t...

on September 16 Governor Newsome Signed into law SB9 that does allow California homeowners to build additional housing units Subdivide and even sell Smaller lots with additional housing units separately. a Homeowner m...

I am currently interested in a property I have come across in the West Mt. Airy section of Philadelphia.  Its a 2300sq ft building. Has extensive mold damage.  I was planning on doing most of the demolition and painti...

Hi everyone. My partner and myself are corporate slaves, we work long hours in stressful jobs. We live frugally and our personal expenses are $1500 a month combined excluding rent. Our monthly income after tax is $100...

We bought our previous home in April 2013, lived in it until April 2015, then sold it recently in May 2016, which qualified us for Capital Gains Tax Exclusion.We bought our current home in October 2014, lived in it si...

I had a discussion yesterday w/ a guy using 100% private money @ 6% and splitting profits 50/50 w/ the lender.  He thinks this is a great deal and that 70% LTV hard money at 2 points and 12% interest is a rip off.  I ...

Hello I am wondering if anyone knows anything about if I have to pay capital gains tax(short term or long term) if I sell any of my rental units. I have lived in 2 of them over a year and the third one for close to a ...