Being new to this real estate investing world, I have been reading a ton on BP and in other places. Also joined a guru REI club but only spent $500.00 on it, had I found BP first, I likely would not have done that. ...
Do you pay capital gains taxes when you sell in a house that you lived in for two years and then rented out for three? It fits the 2/5 year rule but not sure whether it fits the "primary residence" part. Does the ru...
I recently stayed in an Airbnb that was a tiny home in the backyard of someone’s personal residence. I loved the idea of that and am in the beginning stages to see if it would be a decent idea for an old concrete slab...
Hey BP,Wanted to bounce a scenario off the community to see if something was possible.So the scenario is investing in a vacation rental (duplex). Rent out one side and "live" in the other. I'll be there often but my j...
Hey BP, I have been getting excited about the prospect of trying to find an area that doesn't require primary residency for an AirBnB property. I live in Colorado and our two big cities, Denver and Boulder, both requi...
All - we just learnt from her mom that our tenant died yesterday. She lived at our property with her children. Wanted to understand what our responsibilities and next steps would be regarding 1. termination of lease 2...
If you had a "large" amount of cash saved up, zero debt, minimal monthly expenses, a 6 figure W2 job, and were 22 years old looking to start ASAP, how would you start?
I believe my best course of action is to start ...
Hey BP! I was wondering if anyone in the Des Moines or surrounding area is using the Ratio Utilities Billing System (RUBS) for billing out utilities. If so are you using a company to administer the service or are yo...
Is it better to claim everything you can as far as write offs or pick and choose? I've had people tell me both. I'm a new 4plex investor and I'm pretty clueless on doing taxes for real estate business. I want to buy m...
Has anyone successfully refinanced a property in the US? I'm a Canadian and I'm hoping to refinance some of my properties in Florida to purchase additional investment properties. I have cash available but I'd rather...