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Does a property have to be held for a certain time period or can an investment property be sold right away after purchase to qualify for 1031 tax exchange?
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Hey BP,Need some thoughts from everyone about possibly combining these strategies FLIP + 1031 + BRRR. I'm currently renting and working on my first flip project. While flipping is the hot and sexy passion of mine, I d...
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I own 1-2 acres of land that I want to develop for commercial storage. The land is in North West Houston, by Spring TX. The land has utilities currently, however, I would have to lay concrete, etc (it is rural). I wan...
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I have owned a rental house for years and have never had a bug issue in the past, or with past tenants. But now I have a new set of tenants that moved in 7 months ago. They are now claiming that there are bed bugs in ...
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Hello all,so I have been struggling to find a good tenant. I won't go into the challenges but finally found somebody good. They have a ESA dog that my insurance doesn't cover. Is there anything that can be done ? Or I...
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Hi everyone,
I have a few questions regarding the tax implications of flipping a property in Florida:
1. What are the differences in tax rates if I hold the property for less than one year versus more than one year?...
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Hey BP!I have 3 SF properties in my portfolio. I am looking to do my first refi (woot woot)! I am running into brick wall after brick wall.Here is my situation. I own 3 properties in Canton Ohio, I currently live In W...
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I have a 1 FAMILY RENTAL property that I have been renting out for 2 years.My cost basis for the property is 500k. I would like to do substantial improvement to the property by building additionand increasing square ...
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REOs Are Back on the Rise Daily Real Estate News | Thursday, August 20, 2015 Foreclosure filings were on the rise in July, as bank repossessions rapidly began to tick up, according to RealtyTrac's July 2...
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Happy New Year. Well, a fear of mine happened today.
Tenant called and said they slipped on ice outside my four-plex and needed to go to emergency room. Cracked knee cap and ligament damage.
Says to me- "I'm not p...