My accountant is worried about my home being sold some day, and the rule about 2 out of the last 5 years rule?
I'm looking for some help with the IRS rule 262 Or Publication 523.
I've owned my principal residence ...
Hi All,Question, I am a high income W2 employee and considering purchasing a short term rental. I do not qualify for a real estate professional status, but recently heard about the short term rental loophole where on...
In 2020, I was a fitness instructor with zero real estate experience and $10k saved up.In 2023, I bought 3 investment properties and 7 acres of land.I wouldn’t have been able to do this if I didn’t start with rental a...
First time buyer here, looking for advice.
Like most first time buyers currently, I’m heavily questioning buying if now is the right time to buy.
I am 29, single, employed, have ample savings, a full VA loan, and a...
I wanted to share my personal success story with BP to fully encapsulate my experiences and hopefully motivate others that were in my position when I first started looking into real estate investing four years ago -- ...
My wife and I are buying our first multi-family home and expect to close soon (yay!). We will be house-hacking a tri-plex. One unit is empty that we will live in and the other two units have long time tenants. Both te...
Hi everyone, I’m looking to buy my first house hack in the Denver area. I’m hoping to buy a home around 500K with 5 bedrooms and renting every room while sleeping in a trailer. Currently a mortgage would be around 350...
Hi, I am new to REI and BP, so please bear with me as I try and learn! I've been reading all the books and listening to all the podcasts, but something is just not lining up for me, and I don't quite understand what I...
Hello AllTwo tenants. 1. Move out Tenant, left the place a mess. House needed cleaning, so we billed him 75$ for cleaning penalty fee.2 Move-in Tenant said she would clean the place herself in exchange for the 75$...
Looking for something that is very non-offensive and a crowd pleaser. Thanks!