Jason G. Mcphee
Turning Home with Pool into Long-Term Rental
A few years ago I purchased the home my family and I currently live in. We got the home at a great price, fixed it up, added an in-ground pool and are looking at turning it into a long-term rental as we prepare to mov...
Lito Lettieri
Sale tax and 1031 exchange
Hey guys i have a question.. so the family is getting bigger and me and the wife are looking to buy a bigger house so my question is we are selling our personal residence (househack) and selling one of our rentals and...
Angela Choi
Queens, NY - Need Advice or tax referral
Hi. First time poster and first time buyer. Have been debating a bit on whether to buy a ready-to-move-in single family home or a duplex (to live in one unit and rent the other) in Queens, NY that needs quite a bit of...
Rita Maria Da Silva Collado
Our first house-hack fix & flip
Investment Info:
Single-family residence fix & flip investment in Miami.
Purchase price: $225,000
Cash invested: $15,000
Sale price: $283,000
My first Fix & Flip. House hacked. Purchased ...
Christine N.
Tenant Claims Landlord is Stealing from Her
I bought a duplex to live in (downstairs) and rent (upstairs). I inherited a lease / tenant who has been here 20 years. She is essentially a hoarder and extremely suspicious. I intended to ride out her lease (3 mont...
Brent VanStedum
Can I use depreciation on my primary home if used as vac. rental?
I rent my house out through VRBO 2 months out of the year. Can I use depreciation towards my taxable income even though its my primary residence? Thank You!!
Victor Fu
Any Recommendations for Good DST Broker
Hi BP forum,
Hope that everyone is doing well. I am trying to evaluating the DST option as part of a 1031. Does anyone have recommendations on Good DST Broker that I could connect to and discuss further?
Chee...
Lindsey Janicke-Tuff
Homesteading 2 properties?
I've read that you can Homestead two properties in Minnesota if a relative lives in the other one. Are there rules around charging rent? And is there a tax benefit? The information on the county website is unclear.
I...
Scott Speer
Bed Bugs and other Pest
Does anyone have a paragraph they add to their leases that goes along the lines of:
Your unit is Pest and Rodent free at move in and it is your (The Tenants) responsibility to take care of them while living h...
Account Closed
Tax on Gain from Sale of Real Estate
Looking to purchase a lot and build 2 or 3 spec homes in the Houston area. I'm wanting to understand the tax situation if the property is purchased, the homes are built and the first home on the lot is sold over one y...