Looking for advice on best strategy/next step following sale of a home we owned in Florida as an STR.
Background: Sold 3bed/3bth home, have approx $600k equity. Funds currently being held by QI. 
Option 1: 1031 into...

If I can tell from a prospect’s initial contact that they’re not someone I want to do business with (rude, rushing me to reply, bad grammar, etc.), do I have to even reply? Is that something they could sue over? This ...

I decided to try craigslist for finding property and selling furniture. While it's relatively safer to take someone with me to look at property, it's not that case with furniture at my own property. Although I don't l...

What are the general tests for material participation? This question comes up all the time. As tax professionals, we want to get the word out for those considering a real estate professional designation.

Ok. Here we ...

We built our rentals on land in Kyle, TX that belongs to my parents - they have other rental homes on it as well - and my parents do not allow pit bulls or pit bull mixes on the property.  It's just such a risk.   I l...

@J Scott had some questions concerning this on another thread. Did a search on the internet and found a memo from NAR concerning this issue. Seems like there were court decisions in numerous states. I was a licensed a...

Hi BP community! This is my first post and would appreciate your help in dealing with my current tenants. I rented a SFH to a couple that just got engaged. Rent is $2000+/month. At that time, I only screened the male ...

Curious about a particular 1031 caveat as it applies to me...

I sold a single family rental with loan and title in my personal name. I put my gains into a 1031 exchange account. Now I want to purchase a multifamily p...

Hey Everyone,I am 26 years old and own my own three bedroom condo and househacking one bedroom. My next goal is to put 25-30% down on a 200kish condo in order for it to cash flow as I live in an area with high ticket ...

Hi,I have been asked by a recent contact about my interest in taking on a short-term loan backed by a property in the Chicago area. The property is currently occupied and the owner plans to fix it up and sell after th...