Hello everybody I hope everyone is doing well. I apologize in advance for the lengthy post. I have a few questions as I am new to the game but I have a basic understanding through this great site and finishing the Ult...

Hi all,Long time forum lurker looking for advice on how to move forward from my first home.  Property is located in northern Sacramento in California.  Employment sectors for Sacramento are founded in government secto...

We refinanced our 20 yr home ($144K/20yr/2.75%) to pull out for down payment on 40 acres and a farm house ($58K on $290K purchase price) plus renovations. (We intend to subdivide the land for 10 additional acreages (3...

Hi, im in San Diego California I have 2 properties one property that rents for $280 less than my mortgage and the other that rents for $800 less than my mortgage. Both have a pmi i could wash away probably in a year. ...

Hello Investors!! First I want to wish everyone a merry chrismas and happy new year. I wanted to start a discussion about where you feel real estate prices are headed in 2019 in South Bend? What are you plans for inve...

What Does Effective Tax Planning for Real Estate Investors Look Like?
A lot of Investors
on BP recognize that they need something more than a trip to H&R
Block at the last minute.
1] At the very
basic we w...

If a mortgage is paid off right before selling the home, can we exchange all the proceeds of the sale with no tax consequences? 
For example, suppose a home is worth $400,000 with a mortgage of $160,000. If the mortg...

My wife and I are looking to purchase a SFH to rehab and flip. We want the gains from the sale to go to me for tax purposes. We originally had the idea of me buying the property and having the deed solely in my name, ...

Hi, I have a primary residence on a large piece of land. I'm selling a lot from it (say for $300k) and at the same time buying an adjacent lot (say for $100k).  How does capital gains work in this case? Can I claim...

I have 16 rental properties. I have one under contract now. My basis is $78k and my sale price is $190k. My carry-over passive losses are $147K from all the 16 properties. My MAGI is >$100K; so I am having carry-ov...