I have owned a property for about 4 years.  It is not my primary residence and have used it as a vacation property.  It's located in FL and the market price for the house is estimated to be $150-175k over what I paid ...

I listened to a podcast the other day and unfortunately I can't remember the gentleman's name or podcast number..ugh. I have been knocking a few off each day. He was talking about retirement and that we should not con...

Not looking to get political but I’m curious how others think, from a real estate perspective, how the new SAFE-T Act that goes into effect on January 1st in Illinois will effect real estate across the state especiall...

Hi everyone. I have a home that I purchased in 2010 for 25k. I'm just now renovating it and it will be finished in a month. If I sell it in 2013, will it qualify for short or long term capital gains? I've owned th...

Hello All, just wanted to see how you verify your contractor. If they are a sole proprietor you need to file a 1099 right? How do you require them to verify their SS?

Thx!

We own two rental properties near Boulder, CO (Gunbarrel). Market value is about $550,000 (total, before taxes). We paid $108,000 for our first one (15 years ago) and $135,000 for the second one almost ten years ago. ...

For those of us who are passive investors 2013 brings new federal gross rent tax of 3.58%, thanks to Obmacare. It is one of the myriad of new taxes passed by the Social Democrats. How are other passive investors of th...

Most of the investors on BP everyday are doing some form of SFR investing. My question is why? I'm sure it's because many of you are just getting started, and funding is tight. I understand that. However; for those th...

I wanted some feed back to make sure I am analyzing this correctly. We are considering doing a JV flip and would reinvest funds. I wanted to make sure I am looking at the tax implications correctly. This would b...

I'm considering getting my REL in Florida, but not really to become a full-time agent. Rather, I'm interested in real estate investing, but know very little (BP is helping though!) and figured that a REL would:1. Help...