Josh Pass
Taxes on selling properties for the same amount I bought them for
hi, I bought three properties 1+ years ago through a turn key company. It hasn’t worked out as I’ve liked so the turn key provider offered to buy them back from me for the same amount that I bought them for. This ac...
Adam K.
Leaving CA. Hold my primary or sell and reinvest?
Orange County, CA ( La Habra) On my current residence, owe approx $335k + $135k HELOC (down payments for out of state rentals). Home worth $825k give or take. Mortgage at 3.125% and a payment incl. taxes and insurance...
Rashad Nelson
Baltimore City - tenants failure to pay water utility bills
Hello fellow BP members, I'm not looking for answers, but I am curious if anyone with rentals in Baltimore City has dealt with the following situation:Here's the scenario - I have a SFH rental in Baltimore City with a...
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LLC and capital gains
If we sell some land we owned for over a year for $296,000 and bought it for $196,000, we need to buy property(ies) that exceed $296,000, right? But also, we do not want to reinvest all the profit. With the boot, will...
Julio Gonzalez
Financial Incentives for Building Eco-Friendly Properties
Thanks to the huge tax perks available to those who build more green properties, it’s a win-win scenario of being able to help the environment while also being rewarded financially. If you’re a builder, homeowner or i...
Zachary Dosch
Abolishing Property Taxes
In North Dakota, there is a measure that is trying to abolish property taxes and I was just curious as to what everybody's thoughts are regarding this topic.
Im against against it because its a very poorly worded me...
Jacob Masters
TSP/403b/457b vs. Rentals
Confused about what is the best decision for me and my family. My wife and I have access to three pre-tax retirement accounts, each of which have good low cost index fund options. I expect that we could max out all th...
Christopher Leday
Vacant Lot with a deceased owner?
I have a 1 acer vacant lot next door to one of my investment property. I have to continuously cut the grass. I’ve tried looking up the owner.... and to my surprise the owner is deceased. No owner of this property. ...
Pranay Verma
In Contract!! Thanks for the support, next steps now!
Hey All, I was able to get in contract for a house hack 3 bed 3 bath townhouse property in Hayward. Now that i work on closing this I also want to look for tenants, I have a couple of questions. - How can I check the ...
Bryan Hancock
Milton Friedman Educates On 100% Inheritance Tax
I found the arguments in this video quite educational:
Milton Friedman On Why 100% Inheritance Tax Is a Bad Idea
Vikram and I had this debate a while back and he made many of these same points. I consider myself a ...