If I lease purchase a home and pay a lease payment for 2 years and then find a buyer to buy it, do I still get to write off the whole capital gain amount even though I only owned it for an hour if its a double close?
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I'm reviewing a 1st position NPL on a commercial property in WA. Found that there are >$23K in unpaid prop taxes with the county. Called the county and was told that there is a BK filing. Looked up the borrower on ...

Happy Sunday Bigger Pockets!
I am fairly new to BP, also to the investing world. I have consumed many books to this point and have gained a great deal of knowledge with the hopes to turn that into wealth, but Uncle S...

I'm a first time homebuyer trying to add multiple touches to my starter home. We have minimal resources as far as money goes, but we have a relatively long list of upgrades (window treatments, hardware, light fixtures...

Hi there. I recently finished off a rehab that I quickly found a tenant for (at upper market rates). I was showing the home while some of the final work was being completed and in an effort to make things look as nice...

I currently hold a few rental properties in my personal name. In 2020 I’m starting my LLC for purchasing additional rentals and would like to transfer my current rentals into the LLC too.
When I transfer/sell my cur...

As I said in the wholesaling thread, I am going to start wholesaling properties but was curious as to whether it is recommended if I set up an LLC, I have read somewhere that if I don't then the IRS will consider me a...

Hi, looking for a CPA or financial advisor that can help me figure out what to do with my flip, specifically, 1031 exchange it, sell or hold it for awhile.  Thanks

Anyone have advice or experience removing heavy smoke smell?  (smokers not fire)

How many of you have read a good portion of the health care bill?

I must admit, I coudn't sit and crack out 1000 or so pages of legal jargon at one sitting but, I did find a site with some bullet points, then I loc...