I own 3 rental properties and am doing a1031 exchange on one. What closing costs can i deduct from this exchange? I want to keep accumulating carry over losses but am having trouble finding information about this.
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So I purchased a multi family unit that has an existing tenant in Maryland. I closed the purchase deal on late May, and soon after the closing I realized that the settlement did not include prorated rent (around $300)...

How much should you give a seller for "Option Consideration"? Some legal sources state that it takes only $1.Some guru's say you don't need any money and some say they give the seller $100.What do you give the seller ...

Hi Guys,  I purchased a property 2 weeks ago - purchased as in went to settlement, paid the title company, received keys from the seller- and I received a call today from the title clerk stating that she was contacted...

Hi i wanted to start wholesaling and before i dive into it i just wanted to know if there is any title companies in my area that deal with wholesaling deals and know about double closings and assignment fees and what ...

Biggerpockets family. I just closed on a sfh two days ago. I purchased the property with cash, no loans from any lenders. I wanted to cash out efi (delay refi). I know that I can cash out refi right away (since it was...

Lets play hypothetical:)  my wife falls in love with a flip that we did, its financed with hard money and now she is really really wants too move into the home and make it our primary residence. Could I purchase the p...

I'm looking to network with as many people as possible in the Indianapolis, IN area who seek short sale opportunities.  From time to time, these deals are presented to me and I have not yet took that approach in my re...

Hi BP,I'm Adam from Maryland and I'm all new to REI. A little about myself, I'm a contractor (Roofs, Kitchens, Bathrooms, offices), I'm 18 years old, and love working on houses. As of right now i'm saving up to purcha...

Hello!I'm buying a house from sellers post-foreclosure during the redemption phase.  We're scheduled to close tomorrow. We've got the settlement statement from the title agent. We've arranged for funds to pay for the ...