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 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 ...
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...
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...
Hi my fellow BP peeps! My family just recently moved to Long Beach CA a couple of months ago. I am experienced investor with investment properties in NC.
I am currently looking for multi family properties which are ...
I’m looking for some advice about 1031 exchanges. My grandfather in Massachusetts is going to sell his house to take advantage of the tax break he gets since he lost his spouse (my grandmother). He’s 89 years old and ...
I hope this finds you well! I have a scenario I would like your input.
I have had a rental property for 10 years. I want to access cash by selling it except there’s a big capital gain on the investment property. So i...
I bought a second property with a conventional loan and I have spent the last year rehabbing it. I have never rented it out and plan on flipping it. Would I be able to do 1031 exchange on this property since it was ...