We lived in our primary home for 3 of the last 5 years. We rented it out for a year and then sold it. Do we owe capitals gains on it?Our CPA says that as soon as we rented it out it became a business and we have to pa...

I'm currently managing our properties (about 50 doors) through my own created system between Google and Quickbooks. But as we are looking to add more employees to our team and expand our doors I'm looking into the bes...

Hey all,I have an interesting situation that I will need to deal with next year. My father is a year from retirement and has decided to withdraw his 401k to help me buy some additional investment properties. The deal ...

Hello everyone at BP,Im a soccer player that has been interested in real estate investing for as long as i can remember.  Ive been reading a lot of articles and forums during my travels.  Im very excited with the pote...

I used to wake up in Lima. And now I see this out of my window when I wake up:I think I'll get used this just fine!

I live a couple hours away from Norfolk/ Virginia Beach area but am looking to begin investing there in the next six months. Prior to the storm, I had been visiting on the weekends to try and familiarize myself with t...

I am starting the education part of my investing game. But I don't own my own house yet (primary residence). I am a would be landlord who still rents. Does that qualify as irony? lol I am fixing my credit but at this ...

Newbie in Vermont seeking a local mentor.  I searched Bigger Pockets and online for investment clubs.  The only one (Champlain Valley REIA) doesn't seem to be very active.  They don't have a website and their Facebook...

Looking for Real Estate club meetings in inland empire

So looking at form 4562 on last years tax return, what might be the value on line 17 for somebody with 1 rental property. I purchased a rental home in 2012 for 120k, line 17 on my tax return says $116...I'm not so su...