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Im considering purchasing a new primary residence. To fund it, I would sell my current primary residence and potentially one rental property (havnt decided which one, unfortunately I do not have one I have lived in f...
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We are all familiar with issues related to service animals (specially trained and certified dogs) and assistance animals (such as emotional support animals of any species or breeds).This post suggests a compromise res...
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Hello, I am a passive investor with no exp living out of the illinois area, and as a w-2 worker I am looking to transition to the investor side.... with real estate. So i have a question in regards to building a wealt...
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Hi all,I can’t believe I made my first post in September on BP and now closing on 2 properties out of state!!! Excited about the fun journey of Real estate investing!!I have a question regarding asset protection and t...
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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...
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Hello everyone.A tenant just moved in, says the water from the kitchen sink is blue and wants to test it for copper:"My water from my kitchen sink was blue this morning when I went to rinse a glass. It’s not remaining...
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As some of you know , my wife an I have been looking for a fourplex or triplex situation for about 5 months now. Compounding our challenges to getting an offer accepted is the fact that we are going to be owner occupi...
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I have been told by a number of CPAs that it's fine to go either way whether to list properties I purchased and have invested/rehabbing them, but have not yet sold in 2019 tax year. Either list them under inventory on...
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In trying to make sure I know everything about my options, I've been trying to figure out what wholesaling is all about. I get the basic premise: buy a dirt cheap house and then sell it for less than dirt cheap to som...
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Prospective tenants put down a nonrefundable deposit to secure an apartment. Nothing signed just texts agreeing. Good references but started asking to buy the 3 beds in the unit so I get red flags! Called their landlo...