Hello all,I spoke with a mortgage broker today in regard to purchasing a home in FL for my retirement in approximately 9 months. He had told me that I’m not qualify for primary residence due to me not living within th...

I'm looking to pull money out of a mortgage-less property and use the money for other real estate investments. What's the most cost effective and tax beneficial way to do this? How should I classify this property (pri...

BiggerPockets Peeps,Looking for some advice! I'm a 28 yr old real estate newbie wth 2 properties in Austin,Tx. I bought a condo as a primary residence roughly 4 years ago and moved out of it last year (so living in it...

I'd get not only better rates than I have on the properties right now, but I'd get 200K out of them both while leaving another 270K in equity in them. This would bring my cash on hand to about 900K or about 65% of my ...

hi all. Looking for some insight on my situation. I own a 2 family unit in CT and recently relocated to MA. I'm considering selling. I currently owe $150k on the property. Sale price was $229 and it wld sell for somew...

I recently started a wholly owned LLC to perform fix and flips initially, with the idea of transitioning to buy and hold as the cash reserves allow. Is there any tax incentive, or disincentive, to transferring my ...

Hi everyone!  Looking for your opinion.  Im from Edmonton, Canada and I have just recently closed on my 3 unit suite and want to keep my momentum going. Im thinking of renting out my primary which will cashflow $650 (...

Hi BP community,
I own a duplex since 2020 and just bought (01/2023) a SFR to fix and flip. I have both properties under my personal name.
In the last few months I have been trying to get more active into investing,...

Hi everyone,
I am selling a 4 unit with potentially a large gain. I lived in it the last 2.5 years.  I am trying to find and pay a CPA to run the scenario on the potential tax hit if I do not do a 1031.  I'd like to ...

Hi BiggerPockets Family,I’m trying to start my real estate investment journey through the purchase of my primary residence, with the intention of selling it in less than 5 years. I was open to condos and co-ops but af...