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Results (10000)
Trevor Levine Can a WY LCC own a % of a CA property if it's a passive investor?
31 October 2020 | 8 replies

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...

Jason Williams First Rental, Need Help W/ Prospective Tenants!
25 January 2015 | 7 replies

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 ...

Lindsay Broome Short Term Rentals on Gulf Coast
13 December 2017 | 6 replies

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...

Brandon Beaudoin SoCal HELOC on Primary Residence
10 September 2019 | 13 replies

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...

Ratna E. Setting up LLC on H1B visa for rental properties
10 April 2024 | 16 replies

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...

PK Adi Taxes on selling primary property
22 April 2024 | 10 replies

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...

Michael Williams Reinstatement of Anti-Flip Rule
4 January 2015 | 15 replies

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...

Andy Nanneman Previous primary residence rental. Renovations and taxes
25 September 2019 | 5 replies

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...

Jacob Edmond Master bath with 1 sink?
21 July 2015 | 11 replies

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...

Mike A. Rental - CA - 2/5 Rule Capital Gains Question- CA
30 April 2018 | 10 replies

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...