Question about selling my primary residence in San Jose that has about $1M in equity. We purchased it for $550k in 2012 and now it’s worth close to $1.5M and hoping it will go higher since The Bart station will open a...

I understand that the Section 121 Exclusion for Primary Residence allows you to sell your Primary residence and not have to pay ANY capital gains taxes on the gains/proceeds - as long as you use those funds to purchas...

I have recently noticed a few articles posted on mainstream sites such as marketwatch about back door Roth IRA. I am in a situation where I would like to put more that the maximum for my Roth. I am 33 years old a...

My husband and I bought 30 acres in 1994 (undeveloped) for $119K and in 1999 we built a home on the property for $200K.  We have been approached to sell the property to a developer with 3 proposed scenarios:1) sell 25...

Dear BP family, I am trying to explore options to obtain loans for further investment funding.  Since we have a property recently paid off, I am wondering what are the options out there we could use to utilize this op...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $107,000

Cash invested: $20,000

Sale price: $189,000

I had saved money from various jobs and from a couple cars...

My California condo has been used as a rental for the last 8 years. I will move in this month with plans to stay for 2 years. If I then sell after 2 years ($160,000 gain) - do I pay any taxes on the $160,000?   I've b...

Ok BP family I need your advice I! I'm trying to figure our next steps. My family & I made a choice to rent out our 4BR single family home and move in with the in-laws (rent free). We are at cross roads right now,...

Hello,Lets say you 1031 exchange into a new primary residence to defer 50k in capital gain tax. Subsequently, then sell the second primary residence after living there for 2 of the past 5 years and make 200k profit fr...

Purchased a lot and have been building a home for my family for over a year. I relocated jobs to be closer to the new location (2.5hrs away from previous location; St. Louis to Camdenton, MO). Home is getting closer t...