If take the profits of a wholesale deal and do a 1031 exchange and put it into a rental property is that money from the wholesale deal tax deductible

Investment Info:

Other buy & hold investment.

Purchase price: $100,000

Cash invested: $101,650

Sale price: $126,000

Updated fully furnished move in ready 2 bed/ 2 bath condo, just under 900 s...

Hello, my husband and I are viewing a for sale by owner today in Pittsburgh, PA. We are not sure how to determine a reasonable offering price other then looking at recently sold in the area. Are their any other ways t...

Newbie looking for some sale advice. Purchased a triplex as part of a 15-unit portfolio and am now entertaining offers to sell it separately. Having trouble coming to terms with my valuation of each building. I'm pret...

HiI am interested in a few properties that are up for sale on CA tax deed auction.I am new to this... So i have a few questions:- A property shows a opening bid of $25,000 but it worth $600,000. 1) What is the rule of...

Hell all,I am about to buy a rental house out of state all in cash with an equity partner, who will contribute 90% of fund and I will contribute the rest. I have already bought 2 houses on my own. This is the first ti...

Hello BP! We are excited to say we received news of a deal today! We used the BP calculator to review the numbers. However, we would love some expert advice.This is a buy and hold deal in a good part of town. The sell...

Fellow BP member,I am in the middle of turning my contract into a land contract with the seller and I wondering if this is usually done or recommended to be done with a title company or is this okay to be done at the ...

builder extends contract on new construction - pros and cons for the buyer that does/does not want to extend 
possible foundation issue

I have found a short sale property that is listed well below market value that I want to purchase with all cash.  I am not sure the big national bank will accept the offer but thought that if I give an earnest money d...