Hello BP! I have a 4 Plex property that has appreciated quite a bit over the 4 years I've owned it. I am in a 60% LTV position on it. I've been contemplating whether to sell the 4 plex and 1031 into a duplex, pay cash...
Hello community friends, I am debating on how to hold the titles to the two properties that are under contract, given some future implication and changing financial situation in our household. There are lot of my own ...
I own a townhouse that I moved out of in December 2012, and current tenant is purchasing next month. Since I have not lived there two of the last 5 years, am I correct that I will have to pay capital gains on the dif...
I currently own two houses. First house is going to be on the market for sale next week. I bought it in 2005 for 273K and I am listing it for 600K. I rented it out for 4 years (2017-2021) and depreciated it during tha...
Would like some insight from BP members who have experience in setting up the kinds of deals. I have identified a property that can be purchased significantly below market value and if like to set up the deal the bes...
Quick tax strategy question.I have accumulated over $50K in "unallowed losses" on my tax returns over the past few years. What happens to those losses when I sell the property? Does it get added back to the basis? Do...
Hi everyone! I'm hoping someone can help me out a bit by sharing some details on what their typical process looks like in a acquiring a deal. Basically everything that happens in between finding a lead, and closing th...
Besides the BP insights tool, what other tools do you guys use for reliable rental comps. Hopefully with more filters than just bedroom/bathroom count, and preferably something that doesn't require subscription/paymen...
I am an experienced real estate investor. I own over 70 rentals, but have primarily had a buy and hold strategy. My husband and I have been trying to build our residual income. We recently sold an 8 unit apartment ...
HI,I am a new landlord and am listing my first house for rental. There is an applicant who is self employed and wanted to pay me 1 year rental in advance to resolve my concerns about his income. Can I accept the prepa...