Hello! I'm a 20 year old realtor in Minneapolis, MN. I've been listing to BP since I was about 16, have already bought my first home, and plan on purchasing my next one in February 2024. Although I have my license, I ...

Hi guys i have a question for everyone and hopefully someone can help me out about me selling my home. I bought the home in February of 2017 and i rented it out in November of 2019. My tenants are moving out this end ...

I have a question about implied easements/ right of way. I live in a 2 unit townhouse, and i did not have access to my back yard from the front yard due to a very steep hill. I ended up building a staircase on the com...

Rookie Mistake, when the quote says prime and paint all walls does that include base boards and trim on doors?

For the multifamily investors out there, is there any value in providing bulk cable services vs. just having the tenants contract directly with the cable company? The property is a 22-unit, C class multifamily comple...

Hey all,Question here, obviously i will follow up with a tax attorney but wanted some preliminary info.Due to current mortgage rates I am exploring ways of getting creative.  I have the opportunity of a parent who has...

This is a bit long winded, stick with me.

My wife and I have live in flipped 2 houses, doing most the work ourselves over the past 10 years.  Takes forever, lots of learning, have made great money.  2 years ago we ...

Curious if anyone has tax advice if a primary residence was lived in for 4 years, converted to a rental and placed in LLC for a year, then sold. Is the gain subject tax or can it fall under 2 of the last 5 year rules...

Hi all,  I see there are some three thousand (of 750 thousand) BP members that mention 'lease options' in their bios... so, for those in the know' who don't mind sharing some related insights with those of us who are ...

Someone reached out to me about selling a primary residence they've owned for 14 years, and rented out for the last 18 months.
I know just enough tax stuff to be dangerous.
The gain on the 14 years is tax free up to...