Can I just say This is a issue that we have received great responses for from you all, so thank you!The tenant has once again refused a showing (3 times now).This is Michigan- Detroit area...

I am preparing a contract to sell a property right now and we are carrying the note. The buyer will more than likely do the owner financing for a couple of years then either pay off or finance into a traditional loan....

What can you do if you have more than $500K in equity when selling your primary residence? Can you "1031" the balance or any other restructure to not pay tax on the gains? 

Hello folks, I am new to the forum.  This site came up in an internet search on the topic above.  Thanks for your patience as I articulate the question.This is what I want to do: I purchased 2 investment homes with a ...

Hello BP community:This is my first post so bear with me. I have done REI in Dallas for 5 years and I am currently selling a duplex netting over 100k  having held the property for 3 years. In this current RE market (e...

Hello community friends, I am debating on how to hold the titles to the two properties that are under contract, given some future implication and changing financial situation in our household. There are lot of my own ...

I currently own and live in a two family row home. I live in one unit and rent out the unit. I report the rental income on schedule E on my personal 1040 along with applicable expenses (ie 50% of the yearly property t...

Hello. I'm part of a 4- member LLC, which owns a SFR. We are selling the property and would like to use a 1031 exchange. Now, the four of us have contributed from our own pockets towards the purchase and renovation of...

What are the tax ramifications of deciding not to rent a rental property and just leave it empty?
This is a property purchased via 1031 exchange, rented briefly, and depreciation has been taken for 3 years.
Long ter...

Good Morning BP family,I found myself entangled in loopholes this morning as I finished drafting my most recent Real Estate 5 year plan. I recently received some advice about forming my strategy as a beginning Investo...