Happy Thursday BP Family!
Did you know that Home sales are up 10.5% Since August 2019? And apparently the market hasn't moved this fast since before the "Great Recession" of 2008. I just thought this was interesting,...

Refinancing a rental And using the cash out to purchase another property.  What would my tax implications be in 2 years if I then sell the refinanced property

I am looking to bird dog in Louisiana but it seems pretty clear that it’s illegal and I likely won’t. But I am curious if anyone has found any loopholes. Have you heard of any loop holes?One I think would work is gett...

I'm not looking for legal advice and will consult a lawyer before I take any action, of course, but I have a question about 1031 exchanges someone might be able to shed some light on. I own a coin operated laundromat....

I am about to have a house transferred to my name in Maryland. It's a total disaster and although I haven't had it appraised yet, I'm assuming I will not get much when I try to sell it. It was built in 1993, the drive...

I am moving out of my current residence and plan on turning it into a rental. From what I can tell if I sell the house within 3 years after moving out, I will not have to pay capital gains tax. The rule is if you...

Hi,I am interested in buying about 500k worth of real estate, and my father is looking at selling his 1.5m place in California, and relocating to an income-tax free state and buying a home.I was scared out of real est...

Hello,We had some land that we purchased earlier this year and went through the platting process with the county to subdivide.  We sold a few parcels off already in a traditional fashion but I have one that has me scr...

Hello Bper's

I recently acquired a retail building and I have a tenant who has trouble paying his rent. His rent is 6k a month and he is sometimes able 3000 in two separate payments. His business is somewhat seaso...

My wife and I recently made an offer on 8 units and it was accepted. Since then we have ran into some issues. First of all the owner of the apartments had passed away, his family was selling them. It was after we ...