Im looking into selling my duplex and using the 1031 Exchange to purchase a property that brings in greater cash flow. DetailsMortgage - $350,000Appraisal - $550,000With this information I could roll the $200,000 "pro...

Hi everyone,I keep going back and forth on what to do and I need to give this applicant an answer soon.  It is a non-married couple. He has a credit score of 610 and a few delinquent accounts on his record.    He wen...

Does anyone know whether or not the gain from the sale of a home prior to 1997 that was rolled over to another home is taxable if sold today?

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So today(the day after Valentine’s Day), the most interesting thing happened to me. Yesterday I completely sucked as a husband to my wonderful wife and did surface level gifting. Today I ordered a large bouquet of flo...

My wife and I still own our first home. Our 3 of 5 year limit is up this November. It's a small 3bed, about 1350ft2. With in the 5 years I have sunk about 45k into it. About 18 months ago Roof was complete rip o...

New investor/landlord here.  (2 x SFH in Midwest) I just want to highlight my experience on a property I own and emphasize the IMPORTANCE of doing your own due diligence on potential tenants. We have recently closed o...

For future reference, if I were to create a buy and hold rental real estate investment LLC, would I be able to be funded by anyone who is interested? Or do they have to be accredited investors to go through an LLC?

Hello BP community!I am as inexperienced as they come when it comes to real estate. No one in my family is into real estate. I've read a couple books but I still have millions of questions. I hope to address those ...

Good evening,
So I have a question about this rule. I am looking into selling my house. I bought it in February 2017 and lived in it until February 2019 (2 years). I rented it out since mid February 2019 to this day....

Hello all,

I'm very new and still learning and absorbing information from bigger pockets and it has been great so far. I have come up with a plan that I think is decent and maybe some of you can point me in a better ...