Hello- 1st ever post.I've been wanting rental property for a while and am starting to educate myself.My best friend has to move very soon and has offered to sell me his house at fair market value but with no realtors,...
I have a small apartment building worth 1.4 million and wonder if it's possible to do a 1031 exchange for, say, 4 houses for around the same dollar amount. Then sell each one after living in each for 2 years to avoid ...
Hey, everyone! So I've been perusing through BP for a week or so now, and have spent SO many hours each day reading through the forums, blogs, articles, ebooks, listening to podcasts... the amount of knowledge on this...
Hello everyone,Looking to learn a little bit more about 1031 exchanges and and 1034..First off, can both of these tax exemption strategies be utilized in tandem? Secondly, does the QI pay your taxes on the house? or d...
Hello, I am looking for a vacation home for me and my family to visit a couple of times a year. I'd like something either near a beach or lake, and then use it for a short-term rental when we're not there. However, I ...
I'm remodelling my 1965 home that has the oh so popular wood wall paneling instead of sheet rock interior walls. I have seen plenty of hones with beautiful hardwood floors that were covered with carpeting as well. Whi...
Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...
Against everyone's advice, I decided to do some renovations in San Antonio while living out-of-state in San Francisco. Now that I have some battle scars from this good learning experience, I have some questions
1) As...
Hey everyone, I am looking to buy a house for short term rental in Oregon and wanted to know if I should start a LLC for it or just buy it without one? I know there is tax benefits with having it under one but can I t...
I think this is my first post. I signed up in 2017 but forgot I had an account here until I just recently started listening to the Bigger Pockets podcast.
Anyway, question for the group here. We currently have 3 sin...