I purchased a home in Florida which would be my primary house. My closing is a few days after Jan first. The home is already homesteaded by the last owners. From what I understand I can't homestead the property until ...
Hi BP community,
I am negotiating a purchase for a 8 unit building, 2 stores and 6 apartments, and the seller does not want to provide schedule E for 2 years for the building. They had agreed to provide all leases an...
Howdy! First time listener.. first time poster! Ha!I don't usually need much financial advice. And I don't need long term advice. I've been managing my finances for quite a long time but I'm needing some questions...
I typically buy and hold, but in February this year, I bought a super run down property, and turned it around. When I looked at the numbers - total all in cost & rental income VS. just selling it outright, it mad...
Hi all. I am a newbie from West Virginia and have found a multifamily that I think would be worth buying, but I am not really sure what questions to ask the seller and what actions to take prior to purchase that would...
Has anyone successfully purchased Tax Liens online?
q1:If a couple could choose to sign divorce papers before or after the sale of the home is there a better choice? q2: Is the capital gains rules on living together the last 5 years strict. The state wants a separation...
Here is my situation - I made significant losses on 1256 contracts this year and here is my sample scenario. 2022 year - Long term capital gains - 24,000- 1256 contracts losses - 140,0002021 year- long term gain - 110...
I've noticed two properties in my town that are going to be auctioned at a tax deed sale next week. No mortgages, but they both have substantial code enforcement liens. I'm currently trying to contact the owner to ...
Would there be any considerations regarding depreciation recapture when a syndicated investment is disposed (ex: at 10 years) when purchased via an SDIRA (Self Directed IRA)? Will those investment funds need to be 103...