So I have a primary residence that I am converting to a rental so that we can purchase another primary. What kinds of tax ramifications will I see if I sell the property? Is there a timeframe where its better or wor...
Hi Everyone,
I just bought a new home and looking for advice on the best option for my existing home would be. I live in the SF Bay Area and my current home can rent out for $3500 roughly and I have a mortgage payme...
Hi all,I currently live in San Luis Obispo, California which is a pretty expensive market. I moved here from Canada two years ago and left most of my cash invested in the market back in Canada since the CAD-USD conver...
I had purchased a 2-unit property in Florida purely based on location appreciation potential rather than returns back in early 2018.
The sellers as behind on his mortgage and needed to sell before he was foreclosed...
So a lot of people are telling me that a great way to start investing and practice land lording is to own a duplex and rent the other half out but people are making it seem like you can get free rent out of doing so.....
I regularly flip houses, and consider it my business for tax purposes. Thus, I pay income tax, as well as self employment tax on my gains. I am planning to sell my personal residence, most likely with a profit, and wo...
I am looking for guidance and views on a problem that has bedeviled me. The numbers can work any way, renting or selling or keeping and renting out rooms -- three options. I have spent countless hours --- my own...
I listened to the recent pod cast about being frugal to save money. I fell into the rat-race like many before me with my first 'investment' house which i live in. I can cover the bills but the house is eating away at ...
Nyc is so expensive I’m thinking about starting out out of state. What do you think?
Hello Biggerpockets members,My name is Dane and I am a recent graduate living in the Houston area. I've been reading the forums and listening to the biggerpockets podcasts religiously and have now come to the point wh...