We're selling a home in Chicago and reached a dead end. Here's the situation:
We sold a home to a very motivated buyer who waived an inspection and was willing to put down a substantial amount of money. The buyer ag...
Hey BP community. I've spent the last week or so trying to get the answer, but I can't get to the bottom of it. Here's a quick summary of my scenario:I just completed a new construction and expect to close the sale...
We are talking about relocating to a new state, and have been weighing our options where our rental properties are concerned.One option we've tossed around is to sell one of our rentals up here in advance, use the pro...
Hello BP Friends, Can we do a 1031 exchange on an investment property we bought 9 months ago? Is there a tax implication? What are the things we should be aware of when performing a 1031 exchange? Please educate.
Hello BP nation. I've been looking at multi investing in the DFW area and plan to visit in mid-June to look at multi family opportunities. I was stationed in Abilene TX in the Air Force and have visited the DFW area...
I've seen a lot of spirited arguments over a REI responsibility during the onset of this pandemic. As a property manager for over 300 units, many of whom are owned by investors with 1-2 properties to their name, I do...
Hello everyone. Just checking to see if anyone has a good mailing list site that they use. I've used listsource, melissa data, and one other website, but I am looking for more specific lists such as divorces, mortga...
Hi all, I was wondering as a commercial property owner how to effectively challenge or reduce property tax hikes?Some of the strategies I've used in the past are:-comparable sales data nearby-take pictures to show dam...
I’m relatively new to real estate development, having completed only one fix-and-flip project. However, I am passionate about creating a micro home neighborhood in my area. Securing funding has been challenging, parti...
Hi,I would like to know if it is possible to do 1031 after construction of a single family house. The house will be sold and we'll buy another commercial, office or again houses with that cash. Can we ditch income tax...