Hello All,If you purchase a home for a rehab sell it and then use those funds to purchase another rehab and continue going. Do you have to pay capital gains taxes on that profit earned or is that considered 1031 excha...

Hello BP community!I have a client that owns two properties and is planning on possibly selling them both and using the money to buy their dream home. They are a married couple that both bought their homes before meet...

I might be missing something but when I do calculations for potential flips, such as 70/30. The numbers work, but when I take into account taxes I would have to pay on my gross profit (purchase price - sale price) it ...

Hi,

I currently own three multifamily homes in Jacksonville Fl. I'm new to this site, so if I leave out any needed information please let me know.

I will be relocating for work in 1-2 years out of state...

Jail so looking for some quick advice... Long story short my Tennant got arrested for some sick stuff and if convicted will be gone for a while. 100k bail if that tells you anything.   A warrant was served and the doo...

Hi all,
I've been reading for a while and hope I have learned a lot over the past couple years. We are finally in the position to buy our first house in an area I really love. We have a house under contract and I'm q...

This is a situation that is not typically seen on BP.  I am a partner in a small business.  We have three locations currently and we rent all three spaces.  We are considering opening a fourth location by constructing...

Hello,

My wife and I own a park in Hillsborough County FL. It’s 4.1 acres and has 15 mobile homes on it. We are looking into the process of potentially trying to get it rezoned for 5 more MH’s. Has anyone had exper...

Recently there was a fire in one of the units in my apartment building. We are waiting on the investigators report to find out the cause, but know that the building was recently inspected by the city and passed all bu...

What are the tax implications for the seller of a seller financed property in which the seller purchased, remodeled and sold it on terms?Hypothetical transaction with easy numbers:1) Seller acquires property for $100K...