Hello Guys,

After a long 7 months my offer was finally accepted on a short sale. But after receiving the approval letter from the bank I have a question regarding the numbers below. My cash offer was $94k a...

Hi BP,

I have a dilemma. I am working on finishing up a total remodel of a 4 bedroom, 2500 sq ft house in a great area. I will have around $80k into it total by the end. I am trying to decide whether I want ...

Hello BP community, I recently sold my personal property and was able to gain a profit of about 53k which I am planning to use as a down payment for my first rental property. I work as an independent contractor and ha...

In determining whether a deal is a good deal or not, what matters most CAP RATE over ROI or ROI over CAP RATE?

I put $50,000 down on a property that I am buying through the owner.  The closing is in January.  How can I deduct this on my taxes?

I was recently explaining for an investor the difference between investing in Real Estate Investment Trust (REIT) vs Direct Real Estate.  I see this topic in 2 buckets:  rental properties (hands-on) and REITs (hands-o...

I'm curious to know if I can do a 1031 exchange with my primary residence to purchase a portfolio of rental properties that are already cash flowing.  My primary residence is worth about $265,000 based on an (exterior...

My partner and I are unmarried and just purchased our first rental property. We live in California, but the property we purchased is in Kansas City. We're working with a property manager and I want to ensure we get ou...

So I am trying to think of a way to make a difficult situation work for me. I have a property in an estate that I am the administrator for and sole ultimate owner of, no other heirs. Property is paid for but in bad di...

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?