The Housing and Economic Recovery Act of 2008 includes a provision that modifies Section 121 of the Internal Revenue Code, which is often referred to as the 121 exclusion.

The 121 exclusion allows a homeowner to ex...

Here's the idea

Interest rates are so low that it's offsetting the big housing price increases we've seen in Southern California. That is, your monthly payment is still very affordable and will still let you ...

A FSBO was offered to me with owner financing, but the seller does not own the property free and clear. What are some different options for structuring this type of deal? I told him that I would want financing for a...

Have a purchase contract signed on December 11, 2017 with a close date of January 2, 2018 for a property in Portland, Multnomah County. Seller decided to back out of the deal (this was a private party transaction, no ...

I have a house in Long Beach MS. The renters are two months behind. I sent them a 3 day notice and they sent me a text that the check is in the mail. This is the same story that they have been telling for over a month...

Getting ready to close on a 2 flat brick building in Chicago. I've cranked away on the numbers and they look good enough for the property to just barely float using the 50% rule. (Assuming I only receive income from...

BiggerPockets Community, I'd like to ask advice on how to structure our business:As we finish up our first flip, my partners and I plan to flip many more houses in 2023. Many of our financially aggressive friends have...

In situations like this, it’s pretty great not be the first person ever to come up with the idea. So hopefully you could help me a bit. We live in New Hampshire and my mother was named the executor of an estate of a l...

Hi! I need help! We hold a great rental property in a self-directed IRA. We split personal ownership with the trust at 50/50. So our tenants always write two checks. One goes to our bank (via Zelle usually), and one t...

Greetings BP members,Currently, I am in the midst of acquiring my Illinois Real Estate Agent license and am situated in the Lincoln Park region of Chicago. My past experience encompasses SFH flips and a history of mil...