I am in somewhat of a tight situation, and glad found this forum to ask question(s). Definitely a lot of smart and experienced folks here. So, I bought a place end of November'15. At the time, my job was only 8 miles ...
Hi everyone. I am selling my residential house in Maine with a expected profit of 30-75k range. The townhouse condo unit was purchased at 430k in sept 2019. I would like to know about type and amount taxes associated ...
Hello BP Community! I am in need of some advice/knowledge on Capital Gains Taxes pertaining to my personal situation.My wife and I currently live in CA and are planning to sell our primary residence in the next month...
Hey All,
Has anyone had any success with having their capital gains tax excluded upon sale of your property after living there for only 1.5 out of the last 5 years?
In Garrett Sutton's book, "Loopholes of Real Estat...
Hello,
Curious to know what you'd do in this situation. Rent is due today (October 1st). Tenant asked if we could work with her to avoid late payment fee (assessed if rent not paid prior to or on 4th day of month) si...
Just closed on my first deal last week-- a duplex househack. I was planning on starting to advertise for the vacancy this week and have it available within a few weeks. I was moving in over the weekend and the next do...
Hi BP -A friend bought a home about a year ago and in that time discovered the neighbors are drug addicts. With the addictive behavior has come vandalism, discharging of firearms, threats of violence, etc. to the poi...
I just wanted to see if this works. Let say you buy a duplex with a 5% conventional loan and after 2 months you want to get out and turn it into a full time rental. Do you just approach your mortgage company and pay d...
Bigger Pockets Community,I wanted to share a bit of advice I got a while back that's common knowledge for some, but a good tip for others just starting out. When you purchase your first investment properties and you d...