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We are selling a Virginia property which we bought as our primary, but switched it to an STR. We held as primary for a year and STR for 2 years filing the appropriate tax declarations/forms etc. during each stage. The...
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Hello, newbie question here.. If we rented out our basement and lived in the main living area ourselves, can that house qualify for a 1031 exchange when we sell it
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In California, is it possible to have a mortgage on a property and rent it out without living in the property?
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Is it true that Dubai has been blacklisted by the u.s. government as a tax haven/finance center? If so, how true would this be? Would someone returning to the u.s. from Dubai with a lot of money to declare raise red f...
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What is the difference between "Declared Value" and 'Calculated Value" on the issued building permits in Dekalb county? I'm seeing numbers all over the board and I can figure it out. Does anybody know?
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Many of my friends mostly Indian living in NY were waiting for Indian budget to be declared, so it has been done on 6th Jul. I don’t see any special favor for real estate sector. Now, do you expect fast pace improve...
I have room mates that will be helping to cover the mortgage and expenses. I assume I will need to declare their payments as rental income even if I will not be making a profit from it. Are there any good resources...
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For those of you who invest in either NV real estate and/or trust deed notes or even judgment liens, I just got the official ruling:HOA liens that are foreclosed on are given a priority status and wipe off 1st mortgag...
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For the sake of clarity, I am using simplified round figures...
I took out a six-month hard money loan to improve a property I already owned in my personal name (paid cash) for $100,000 nominally, with 5 points orig...
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Hello BP members,I have been wrestling with the idea for the last few months on if I should make my next property a rooming house in Milwaukee, WI.Before everyone just screams a collective "hell no!", let me tell yo...