When do sellers make more money? when they sell on terms or cash?

Hi All,This is a question for the CPAs and tax experts out there. How does one figure out the basis ("depreciable value") on a multifamily 1031 exchange if the investor has run out of depreciation on their current ass...

I posted my "Hack of the Week" in my blog here on BP.Check it out:http://www.biggerpockets.com/blogs/4240/blog_posts...@Brandon Turner , how do I get my blog post featured?

Hi BP friends,My husband and I are relocating from Chicago to California and we are looking for high level opinions on whether to sell or rent our condo in the next couple of months. We've heard from everyone that it'...

I have a good friend who has a historic view condo in need of rehab. She has moved in with her Mom and the condo has been empty for a couple of years. She wants to sell. But it's not in good enough condition to retail...

Hi All,I am a foreigner to US and considering to sell my property in North Phoenix. WIthout doing any rehab, I was told it would sell for 300-325k; with rehab (spending of 25-30k) it might be able to sell for 360-380k...

I have a 1940 single family house that I’ve been using as a short term rental. I have about $140k in equity. I’m stuck about whether I should keep it as a long term rental and do a cash out refi to access the equity i...

Hello all,I recently had to clear out a rental property and ended up selling for a loss. I just want to make sure I do everything right for tax purposes and hopefully recover some of the losses.I sold it for less than...

Hi,
I would appreciate if someone guides me with this here. I have an LLC in Arizona. I am planning to buy houses, rehab them and rent or sell them (depends on the property).
Can I get a Transaction Privilege Tax li...

Hello, My property is in Laguna Niguel CA. I purchased a 3 bdrm condo for $365,000 in Dec 2009 with 20% down. I now have a 4% loan but pay $280 in HOA fees monthly. I did about $16,000 in improvements - paint, carpet,...