Rahul Gupta
Primary property exception rule on 2 houses?
We bought our primary residence in 2018, lived there till Mid Dec 2020 and then converted that to Airbnb. We moved to a new state in mid Dec 2020 and bought our primary house there which we sold in January of this yea...
Jorge Ubalde
Do I pay Taxes Or Not.....(1031 exchange related question)
Good Morning Fellow BP Superstars, I have a question for you smarter dude/dudettes! I am selling/closing today on a property I bought back in March of 2010. The property was my primary residence for about 18 months, ...
David Asche
Newbie house hack advice
Hi, I have a unique situation and would appreciate some advice. I have been renting a house in Idaho for the last two years with an option to buy house for 151k at anytime within the next three years. My realtor think...
Eli Crapper
House Hack Fourplex vs. Renting all Units and Staying in my Current Rental (Canada)
Hi. I am a Canadian first-time home buyer and have just purchased a fourplex. I am trying to decide if I should live in one of these units vs. renting all 4 and continuing to rent at my current house. For context, I a...
Darryl Griffin-Simmons
Financing for first rental property
Hello BP Family,I’m new to real estate investing and have been binge watching BP YouTube videos this last week. I’m interested in multi family properties and want to land my first property this year. So, I’d love to m...
Brody Veilleux
“BRRRR” a primary residence
Is it ever a good idea to “BRRRR” a primary residence, minus the renting part? Just buying a distressed home, renovating and refinancing it to recoup costs that can be used for future investments, then living in it pe...
Andrew Yu
Tax Questions on Using My Home's Rooms As AirB&B
I'm about to make my spare bedroom's AirB&B live. My question is what's the best way to report my income on this and also reduce taxes? Put my home in a LLC? We don't want to miss out on the zero capital gain when...
Phil DeSimone
Tax question on capital gains tax exclusion on primary residence
I am in the middle of a tax dilemma on a recent house I sold in late September and would really appreciate any feedback or referrals to someone who would know the answer.so... I play pro hockey (forces me to leave my ...
RD Delgado
HomeReady Mortgage Program Questions!
Hello Bigger Pockets Lenders and Investors!I wanted to see if anyone has experience with the new HomeReady mortgage program.http://themortgagereports.com/18653/homeready-mortgage-guidelines-interest-rates/In addition ...
Jay P.
Residing in CA, LLC in WY, Syndication in TX - Challenges?
I'm a resident of CA and I plan to invest in a syndication in Texas along with a friend of mine. I talked to a few lawyers and the recommendation was to create an LLC in WY with both of us as members and invest in the...