Willis Seng
1031 Tax exchange question
Does a property have to be held for a certain time period or can an investment property be sold right away after purchase to qualify for 1031 tax exchange?
Jimmy Chou
FLIP + 1031 + BRRR
Hey BP,Need some thoughts from everyone about possibly combining these strategies FLIP + 1031 + BRRR. I'm currently renting and working on my first flip project. While flipping is the hot and sexy passion of mine, I d...
Jon Dang
Looking for advice regarding developing a storage facility.
I own 1-2 acres of land that I want to develop for commercial storage. The land is in North West Houston, by Spring TX. The land has utilities currently, however, I would have to lay concrete, etc (it is rural). I wan...
Tracey Thornton
Bed Bugs in my rental house. Need Advice
I have owned a rental house for years and have never had a bug issue in the past, or with past tenants. But now I have a new set of tenants that moved in 7 months ago. They are now claiming that there are bed bugs in ...
Ashish Wa
Finally found a good tenant but!!!
Hello all,so I have been struggling to find a good tenant. I won't go into the challenges but finally found somebody good. They have a ESA dog that my insurance doesn't cover. Is there anything that can be done ? Or I...
Nathan Harden
Commercial Lender Needed
Hey BP!I have 3 SF properties in my portfolio. I am looking to do my first refi (woot woot)! I am running into brick wall after brick wall.Here is my situation. I own 3 properties in Canton Ohio, I currently live In W...
Saar Amit
Tax Implications of Holding Period for Property Flip in Florida
Hi everyone,
I have a few questions regarding the tax implications of flipping a property in Florida:
1. What are the differences in tax rates if I hold the property for less than one year versus more than one year?...
Mike Rash
1031 - Substantial Improvement before selling
I have a 1 FAMILY RENTAL property that I have been renting out for 2 years.My cost basis for the property is 500k. I would like to do substantial improvement to the property by building additionand increasing square ...
Justin Brewster
Million Dollar Deal -- Lexington Kentucky
Deal: I have in hand a short sale deal in Lexington, Kentucky. It’s a beautiful 8,000 SqFt home with a lake front view and big pool. This house has been neglected by the original owners who built the house and went...
Nicole Grant
First time renters
I have a small fixed up duplex, my first property, I have 2 new renters moving in this next month. And both tenants are first time renters, both young ladies, both SEEMED very responsible. I had one of the young la...