Zach Lemaster
1031 Exchange Details & Capital Gains
Can someone who has experience with a 1031 exchange give me some details on the rules and process? I've read/heard conflicting information. Here's my specific questions: What is considered taxable income? Example:...
George P.
IRS, Owner financing, and simple interest
Looks like the IRS dictates that the seller who sells on terms has to declare the minimum rate (I believe it varies but is around 3%). Which means that if you ask for and get a principal-only mortgage, the seller is g...
Ron K.
Taxes: When is it considered sold
I think I have seen this discussed but I can't find the thread. My question: For determining capital gains, when is a house considered sold. When the contract is signed or when closed?
Mary Ainsworth
How do you find median wage growth and population growth? (deciding on a market)
Hello!I'm starting to look out of state I'm currently picking my market. I've heard on BP to look for:- median wage growth- population growth - employment growthWhat are trustworthy resources I can use to find these n...
Isabella Romano
Furnished Finder vs AirBnb
Hi,
I'm new to the community and trying to figure out the best site to list my rental property on. This property is in Albuquerque NM which is not a particularly popular vacation spot. We would like to do a furnished...
Brent Blaha
2019 Schedule A and Schedule E figures for three properties
Apologies in advance for the lengthy post.On 1 January 2019 my wife and I owned our primary residence and a rental property a three hour drive from our primary residence. That is the last day I think I fully understo...
Nancy Roth
Qualified Opportunity Funds to defer capital gains tax
A new capital-gains deferral option was created by the tax act Congress passed in December 2017, which created a set of "Opportunity Zones" nationwide. According to the law Qualified Opportunity Funds (QOFs) can be es...
Emily Hill
What are you doing everyday to be productive in Real Estate?
Hi BP,
Just curious to see what everyone does on a daily basis to progress their real estate journey.
I’m a newbie, I have one rental property under my belt and am looking to scale. I’ve caught the real estate bug ...
Maria Checchin
Pros and cons of short term rentals vs. long term rentals
Long term vacation rentals are properties rented for one month or longer, while short term rentals are properties rented for one evening up to one month.There are pros and cons to each type of vacation rental property...
Arthur J. Encinas
US Tax Lien Association solid training?
Hello,Has any one taken the 3 day course $1497.00 with US Tax Lien Association? Is it worth it and is it reputable?First timer here and first post. I've learned so much from all of you, much obliged for all your wis...