Hey BP,

Could someone give me a run down of how 1031 exchanges work? I understand that the benefit is you do not have to pay capital gains tax, but how does it work exactly? Any feedback would be great.
Thanks,
Tom

Let’s look at the great tax advantages of investing in multifamily real estate. These benefits fall into five main categories – Depreciation, Cost-Segregation, Passive Income Tax Treatment, 1031 Like-Kind Exchanges, a...

Hello,Need to notify tenants that they must remove all inside and outside pets from rental property.Does anyone have a Pet Removal Notice letter I can have a look at?  I've created one already, but want to see if ther...

For those who have rental properties, can you mention what costs you generally cover for your tenants?  Do you cover items such as lawn maintenance, extermination, alarm and cable services?Also, do property management...

I came across this article today. The circumstances are a little unusual and I thought I would throw it out there for some discussion.

http://tarrytown.patch.com/articles/sleepy-hollow-landlord-seeks-to-evict-80-y...

In publication 527 it says:"The following are settlement fees and closing costs you can’t include in your basis in the property.

Fire insurance premiums.Rent or other charges relating to occupancy of the property b...

I am debating removing the popcorn ceiling from a small room by myself. I understand the process involves spraying the popcorn ceiling with a chemical then eventually scraping it off. How feasible is this for someone ...

Looking at a property that has a septic system.Is this something that I want to stay away from?Or, as long as the inspection checks out, is it something that is easily managed and won't cause a lot of headache in the ...

Hi Everyone,My husband owns a handyman business and in the last week we have gotten text messages (which are not uncommon for our customers), however the 3 texts I am referring to are scams and I just wanted to share ...

Hello!I've been lurking on BP for the past several...years #2015 and have been encouraged by recent podcasts to jump on and ask a few questions.A little background, I purchased my first single family (4 bedroom, 4 bat...