Wanted to find out if one can 1031 from a personal residence to a Commercial MFR? I thought that was a no-no but perhaps it IS allowed?if Not, how long would one have to rent out the personal residence (treat as a ren...
Hi BP fam,I am writing this for my friendly neighbor who just got married and will be moving from CT to FL (near West Palm Beach) so he can live with his wife. He has 25+ years of experience in construction and runs h...
Good evening!I have a primary residence that is deemed - 80% rental and 20% primary on my taxes. I am renting out majority of the house.Cash Question: Can I pull 20% out and be non-taxed (held for 2+ years) and roll t...
I am at my wits end... Please help if you know the answer....So I have a mylar that was notarized in Michigan a couple of months ago...Come to find out that in the space that reads "appearing in front of me", instead ...
So my CPA last week said that he can no longer do my taxes because he no longer does extension and I can't get my tax documents to him before their internal deadline. As such, I'm left with the question - should I hir...
I have a unique situation that I cannot seem to find a very clear answer for, hopefully the BP community can assist.My wife and I got married last September and now live together in a house we purchased together. Befo...
This will likely be a long post...will try to be as concise as possible but I'm hoping to share my experience, interest, and ideas for moving forward in REI and get some feedback and opinions:
Background:
My wife an...
View report*This link comes directly from our calculators, based on information input by the member who posted.So I am a college student about to get married looking for a house to live in. In Utah, i...
Have you ever bought a whiteboard or a journal and thought, this is it... This is the moment when I REALLY commit to goal-setting... and then (as it tends to do) life just kind of gets in the way?
This episode is a...
I'm wondering if anyone is an expert on or has experience with doing a 1031 exchange with two homes for sale at one time? I have a condo in St Petersburg, FL, and a home in Northern Colorado and I'm wondering if I ca...