Have a question about Capital gains tax on a home. This is for 2017 tax year. Owned a home for 23 months and sold it for profit. Can not use the 2 year capital gains exclusion so the full profit would get reported on ...

In 2012 we purchased our primary residence for $60k it was a short sale and we bought it with out any loans, a year in a half later we found a larger home in a nicer area also a short sale for $157k, by that time o...

Has anybody ever purchased foreclosure land from the courthouse to build on?If so, how have y’all figured out level 3 soils tests before purchasing the land at auction?I can do all the due diligence beforehand, except...

After years of building up courage, I think I found my first off-market deal. The timing is terrible as the rehab period is right in the middle of a change in my primary residence. I don't have much capital to risk at...

I was in the process of lending my father in law some money so he could buy a new house (basically loaning him money until he sold his current house). I was going to put a lien on the existing house as is usual. He sp...

Hello all. I've come across a 5 unit 1 bed 1 bath property that is commercially zoned. I spoke to lenders to try to acquire a loan on it but they said I cannot purchase a 5 unit+ and live in it as my primary residence...

Hey BP,    I have been learning about marketing for deals (intend to wholesale most and rehab a few) from here and and from Terry.  Recently at a REI meeting, a realtor put a different perspective I didn't think of.  ...

Hi Bigger Pockets!My husband and I own a rental property in Huntsville in Madison county. It's a 4 Beds·3 Baths·1,395 Sq Ft in amazing school district, has really good tenants, and overall has been an excellent proper...

Hi,
I have been running into a fair amount of out of state owners that I believe are under the impression that they will have to pay more capital gains taxes than they really will.
Recently I wholesaled a house in U...

Is there a way to avoid tax on the gains of a sale from a rental property that has been bought through a 1031 exchange if you convert it to a primary residence for the last 2 years before the sale? For example, let's ...