![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2870926/small_1699318342-avatar-jenniferh515.jpg?twic=v1/output=image&v=2)
Hi all, three quick questions.1) Just wondering if there anything, beyond the 250k exemption, my friend selling his residence can do to avoid the capital gains tax.He's in California, single and has lived in the home ...
Hi, My friend and I want to buy a property in partnership 50/50 (not under an LLC so we can use conventional loan). He wants to invest his 50% with his wife. My understanding is that if the three of us show on the tit...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1566602/small_1621513659-avatar-jonathanm437.jpg?twic=v1/output=image&v=2)
Let me just start by saying how excited we are to start 2020 with aspirations of taking our financial future in our own hands. My wife and I are learning more and more every day and feeling more confident Real Estate ...
ok trying to figure out the limitations on the up to 25,000 loss on rental properties. So let’s say married and over 150,000 in annual income. Does that automatically mean I can’t take a lose at all and any loses ro...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1078871/small_1694579702-avatar-elliotf12.jpg?twic=v1/output=image&v=2)
I own a duplex in California in which I live in the top unit and rent the bottom unit to a tenant. The property is valued at about $1,000,000. The property tax is about $15,000 annually. To date, I have attributed hal...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/213343/small_1621433662-avatar-klakers6.jpg?twic=v1/output=image&v=2)
In the process of purchasing a multifamily. We had a radon inspection and it came back 5 times over the EPA allowance. There is a family living in the house now. The radon mitigation system can lower the amount in ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/419117/small_1694649815-avatar-rajag1.jpg?twic=v1/output=image&v=2)
I am planning to get an app developed for real estate. I don't think this app will make any money for at least two years. I would like to expense the app development expense for these two years. I am thinking of setti...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/340839/small_1706543762-avatar-airmarc23.jpg?twic=v1/output=image&v=2)
Afternoon BP Community,I am beginning my RE Investment after months of paralysis analysis. I will be investing in a Syndication after doing a lot of research and homework, I'm confident it will produce great cash flow...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2872578/small_1720552725-avatar-cdacs.jpg?twic=v1/output=image&v=2)
Do I need a license from my home state to buy mortgage notes? Do i need to be licensed in the state where the real estate is located for the mortgage one is buying? Thank you in advance.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/579023/small_1694774449-avatar-jasperc1.jpg?twic=v1/output=image&v=2)
I had significant losses from the stock market from stupidly selling at the wrong time. Most were held less than a year.
This year I am selling an investment property. I’m trying to decide whether or not to do a 1031...