Hello fellow Big Pocketers - I have a feeling that I am just out of luck here but thought I would reach out to the smartest group of people I know when it comes to real estate.Situation - -High earner in my W-2 job (n...

Here is my situation - I made significant losses on 1256 contracts this year and here is my sample scenario. 2022 year - Long term capital gains - 24,000- 1256 contracts losses - 140,0002021 year- long term gain - 110...

Neighbor fell asleep with a pot on the stove and he burned down the entire 55 unit condo building. I own my condo and lived there for 12 years. I had great insurance but it only covered my living expenses for a year i...

A friend wants to buy 10% of my multi-unit property.  How should I value a 10% stake?  If market price were 100K and my equity was 50K (50K of financing) should I be looking for $10K or 5K? Thanks!

If I sell a house that was a rental for 2 years, can I use the profits to purchase a personal residence (without a capital gains tax)?

Rental House: sell for $200k (gain = $50k)
Sell through a 1031 exchange?
Purchase...

Is this possible, can a person form a corporation and buy a multi unit property under the entity. With a down payment of 20%, also the buyer can guarantee the loan just won't show on the credit report. I am trying to ...

Hey Guys! I have a tax related question for an off-market deal that I am about to get under contract. Quick rundown of the situation:Client is living in a property that was purchased by his sister in 2002.  She bought...

Hi all,
In my area, the average transaction price for houses and condos combined last month was $533,797.
Using your rental income calculator, i did the numbers for a small condo, and came up with cashflow of $-435...

If I have this right. I have a house I have lived in for 2 years that is worth 500,000 and I have to pay taxes on any capital gain off a property that is over 250,000. Can I Cash-Out refinance the Property to where I ...

Hi all,I just wanted to get your opinions on flipping to grow faster vs holding . This year I've really doubled down on investing and have about 7 rehabs I'm currently doing. Three of them are flips, while the others ...