Hello Investors, Forgive me if this has been asked on the forum before. I have a rental I can sell for 400k in this wild market. I picked it up for 250 12 years ago. I'd like to use the 1031 to buy a rental an hour aw...

Hi, all! I have a question about HOAs and have been searching around but cannot find a similar situation to mine. I purchased a single family fixer upper in CA that is in an HOA community. The homes are situated on at...

I currently live in a single-family primary residence. Next year, I plan to purchase a second home and move into it. I intend to rent out my current home as a short-term rental. Before listing it on an STR platform, I...

Alabama redemptions allow for an investor to recover the value of the improvements they made while in possession of tax lien property.  Some Alabama Courts had been using cost, or other strict criteria to determine th...

Hi BP!I have been growing my portfolio of six houses and a duplex by around one house per year and I like to deal in cash with no mortgage. Problem is, I am a bit short on ready cash to continue growing. This forces m...

Hello all, my family is planning to do a 1031 exchange where we sell a multifamily building we own in New York, to buy a piece of land in Texas and turn it into a manufactured home community. Funds from the sale would...

I am in a process of buying a property to rent it out. I know that the cost of bringing the house to habitable conditions is only deductible when you sell the property. But since you can deduct property maintenance ev...

Below is an excerpt from a Rental Property Cost basis worksheet taken from Turbotax. Basically they took the amount I paid for the property $83k, then added in some loan costs, plus $2k in Capital Improvements. Then I...

Hello, I recently bought a home for about 30k and the home had about 16k in repairs to get it rent ready. I believe this will be added to the cost basis and the cost basis will be 46k but I just wanted to make sure. O...