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It's my understanding that if there's a "partial exclusion", I'd use a Form 8949 with Code H...And if it's "fully excluded" and there's no 1099-S issued (which I indeed received no 1099-S), then I'd simply not mention...
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Hiya all;We're closing on a property in the next few weeks and struggling with balancing the business and the human side of what we do. The property has tenants in place but are between $130-200 / mo under market at ...
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Hi BP,I recently purchased my first investment property and quote excited! The renovation is going well as far as I can tell. My present dilemma is the bathtub. It is has yellow stains which I thought would be an ...
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Hello, I'm thinking about purchasing either a coin operated car wash or laundry with good financials. My concern is that they are harder to operate than it looks. The laundry mat is in a mid-low income neighborhood ...
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Over the years my preference in flooring has changed a lot. I started out with carpet, then moved to refinished hardwoods in older homes, then I started exclusively using Allure Vinyl Planks (glue ones). Now I'm not s...
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Hey there BP!I'm posting this thread, which, full disclosure, will be long, and might not be for everyone, in order to document a project I am doing here in sunny Arizona. It is on a commercial building, 8 units, and...
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Hi everybody!I thought I’d turn to the forums because I saw an interesting deal, but there’s some red flags. Since I’m relatively new to real estate, I’m hoping some more experienced people can guide me in the right d...
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I'm staying with my nephew on a cute little 1.5 acre ranchett in a rural North Texas county. He's been here a year. He cleaned the property inside and outside in lieu of a deposit. In a year, he has paid for all the r...