How do you know if IRS tags you as a dealer. Every information out there is only talking about the differences between a dealer and investor. No one is really talking about the actual process. How do you know your cur...
I had a dishwasher that I had pulled when renovating a unit and putting in stainless steel appliances. I kept it in the garage thinking it would be useful if a basic white dishwasher failed in one of our other units. ...
A friend inherited his grandmother's property through his mother's estate. He'd like to sell in the Spring and is asking about a 1031.I think since it is inherited, the cost basis is reset to today's value, and he can...
Hello BP,We are closing on our first house today, a triplex in Vermont. One of the tenants was designated to leave in January, but due to her house not being ready she has to stay until it's completed, and they believ...
Hi - I converted a primary residence (primary from 2014 to 2018) in 2018 and currently renting. My tenant is leaving and at crossroads trying to figure out if I continue to rent or sell both given the current real est...
In this case study, I am seeking to downsize a rental through a 1031 exchange combined with a 121 exclusion and take a big boot. For context, the house will sell for about $1.6 million and was purchased for $600k. I...
Hello BP members, I'm a 'Buy and Hold' RE investor with several rental properties in Las Vegas and Southern California. In 2020, I bought my last SFR rental property in SoCal. As part of repairing the place for tenant...
Hi,I'm an agent representing an investor in a 400-500k purchase, which is a starter home market with good rents in our area of California. I've dialed in a great neighborhood for the investor to target, and establishe...
Hey everyone! Fairly new to Real Estate investing, and I had a question for all of you! Recently, I began reading up on house hacking, and it definitely seems like a very great way for me to start, seeing as I work fu...
Who all have gone this route. For those who have, how have the loans been set up? Do you obtain a blanket loan where properties can be added and deleted? What are the terms that you have gotten (interest rates, int...