I purchased a house in 2010 and sold it for a large gain with a 1031 Exchange last year. The exchange was done on 4/5/19 for a large lot which cost a total of $270K. The large lot was subdivided into 3 smaller lots,...

For house hacking on multifamily, can a family member occupy the property as a proxy (children of owner)How do the law ensure owner occupancy?I am new to REI so weighing in various options and thus stupid questions

Is there any way to avoid paying personal income tax when flipping a house?Could you hold it for longer than 365 days and only be subject to longterm capital gains tax?Alternatively, could you fix it up and call it yo...

Can I 1031 Exchange an SFR rental property for an SFR primary residence? If not, are there any strategies to get around it?

I purchased an SFR in September and have tenants in there.  I was contacted today with an offer to purchase the home for quite a bit more than I have into it.  I know you can do a 1031 exchange on the capital gains of...

Hello everyone. Have a friend with the following scenario: Purchased 3 family house. Purchase price, rehab costs and holding equals $700K. Each of the 3 floors will be sold as condos for $350K  a piece or a gross prof...

I purchased my first investment property a couple months ago. Initially we were only thinking about it as a fix and flip, but now we are considering giving it a try as a vacation rental for a few months. My wife and I...

Hi BP,One of my acquaintance who does a lot of wholesaling told me to go knocking on peoples door asking if they would like to sell their property.My question is how can I write an official offer? Do I need to registe...

Hello real estate investors community.  My question is about how fix and flips are taxed.  It seems like everyone talks about turning properties as quick as possible, however it's my understanding that if you turn it ...

We purchased a recently flipped cottage in June 2017 for the intended use of renting it out as a vacation home as well as personal use. Well, someone whose family owned the cottage during their childhood has made us a...