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I own 20% of a CA investment property. I'm a T.I.C. partner and passive investor. Meaning, the 80% partner is doing everything from renovations and repairs to property management. I do nothing except receive quarterly...
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We listed our property and have starting screening tenants. This is our first rental (actually our home being put up for rent), and are a bit nervous to ensure we select the right individuals. We had a great response ...
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My husband and I are interested in purchasing a condo or small home on the Gulf Coast to use as a vacation rental. Looking from Gulf Shores to Panama City, we even would be interested in Clearwater/Tampa/St.Petersbur...
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Hi BP,I'm trying to line up a HELOC on our primary residence in SoCal and running into a wall. We bought in 2018 and end of this month we'll have owned for a year. Since biying we've put a little sweat equity into t...
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Hello BP,I've been following BP for over a month now and I have gained decent knowledge. I thank each and every member of this community for their posts and information. I'm on H1B visa and wondering if anyone from th...
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Hi, I bought a house in 2018 in San Diego and then moved out of state for job reasons in 2022. So basically, I will complete the 2 out of 5 rule in 2025. Can someone help me understand the tax implications if I sell t...
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What is the creative solution around the re-reinstatement of the anti-flipping rule? Is owner financing the best solution or are there others? This would also be a great opportunity for small banks or some other lendi...
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I have a paid off home I have lived in since 2011. I recently moved to another residence. I would like to turn the older home into a rental property (if the numbers make sense). It is in an area that is experiencing c...
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I know the general consensus in a SFR is the master bath should have a double vanity. But has anyone successfully kept the master with a single sink vanity? We are rehabbing our current residence, which is a 1965 buit...
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Hello All, First time poster, just joined. I have searched the site about rental capital gains and I believe I understand that you must live in the property 2 out of the last 5 years to escape capital gains tax. How...