Hi BP,I am planning on selling my house before the 2 year mark. However, I am at about 22 months of ownership. Will I owe capital gains taxes? If so how much and how did you calculate this? Purchase price was $187,000...

Over the last several months I’ve read over countless posts in this forum, dug into J Scott’s books and listened to just about every BP podcasts. Each has been a tremendous resource in my goal of acquiring and fli...

Hello,We have a multifamily (4 unit) property we purchased with a VA loan. Do you know how long we have to occupy the residence before we can move, with the intent to continue renting out our units?We tend to use the ...

Hi again,I sent all my docs to lawyer office today to file eviction bad tenant.Staff just called and told bad tenant has another eviction ongoing.Anyone has this kind of experience?Tenant has two eviction similar time...

I signed my first student rental lease in May 31 2018 , immediately after i purchased the property. The lease is up this May 31 2019.  My hope is to resign with the existing students, all sophomores.  How and when sho...

I have a house under contract and inspection yesterday.  We found some things that were as expected, some unexpected.  The biggest was the discovery of termite damage on the floor joists in the basement.  It appears t...

Last year, I set up a CA LLC owned/controlled by a WY LLC, with the intention of deeding my 20% share of an apartment building into the LLC. (I've been on title as 20% co-owner.)I was able to transfer my share with th...

Hi all,I’ve noticed it is common practice for investors to buy a property, get rid of the existing tenants, renovate the property, and increase the rent. My question: what is the process of removing tenants and how lo...

Hi BP community, Rookie here looking to close on my first out of state deal. The numbers look great and it's in a solid neighborhood in Columbus Ohio area. However, there are foundation problems with the duplex. Hopin...

Hello, I have a mortgage on a duplex. ($1,200) a month includes taxes and PMI. I have not rented the upper unit since my wife closed her group home upper unit. I mention to her we might as well buy a single family hou...