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Here's a scenario I came across:Say I own a house which I'd like to to sell and buy another one which I'll live in. Now say I've found a property with two houses on it, and it's subdividable so that each house will si...
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Hello Cbus,I moved back to Cbus a few years ago (born and raised here, just returning). I own a property in the Seattle area I plan to sell and reinvest the funds into the Cbus RE market. Turns out my Seattle property...
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At the beginning of the pandemic I received a violation notice from the city of Parma, OH regarding some external work that needs to be completed for my rental property. We were given a grace period due to the pandemi...
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looking to purchase a duplex to live in one unit and rent out the other in the greater Boston area. I intend to live there for 2 years and then rent it for 3. Having lived in it for 2 of the last 5 years i would be ex...
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Bigger Pockets Community,
I've been listening to the BP podcasts for quite a while now, doing my own research and due diligence and have finally come up with a potential "deal".
As a recent college graduate, my goal...
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Hello Bigger pockets community!!!I am looking for a fix and flip property currently, I have already assembled a team of individual contractors instead one general contractor however I'm now facing the question of how ...
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I have a rental property in my hometown that I bought 5 years ago and is generating good income. Its fully paid off. For tax purposes, I want to transfer this property to my son (student 18 years – going to college 20...
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Hi Everyone, We are doing a JV partnership on this multi family deal we found in Texas. Have an interesting challenge though.....I have an investor looking to possibly 1031 exchange. However, we have already gotten ap...
So, I am considering a long term rental property in Florida. We live in Charleston, SC. In addition to having cash flow, this would be a great vacation spot for us. The question is: What are the tax deductions av...
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Hello,I was wondering if there is any disadvantage to having an 11-month lease, instead of a 12-month lease. I had the perfect lease start time and end time but I let my renters do an extra month at the end of their l...