After countless hours/days/weeks......I've struggled with finding the approach that will best suit our situation/lifestyle. We have lived in our current home for the last 3 years (25 year ammor.) and we are nearly deb...
Hi All,We own a 2 bd/2ba condo in a luxury high rise in downtown San Jose. We purchased it when we lived up there, and then have had it rented for about 5 years. We are living in San Diego now. San Jose has a ton o...
Hi All -- I lived in my single family home (which I have an FHA loan) for two years before I started renting it out to tenants. I've now owned the home for three years, and have had almost a year of rental income. I l...
Good afternoon BP users! Let me indeed ice myself once again. I'm new to BP and the real estate business, and I'm currently sitting at a Barnes and Noble reading and learning the business to better myself. I'm also ta...
Hello everyone,We recently purchased a single family home and are in a dilemma about selling or renting out our current townhouse which is located in Alpharetta, Georgia. Given the current sellers market, it would be ...
Thank you all for taking the time to read and provide any advice on my situation.
I’m currently facing a decision with my two properties and would appreciate your guidance. Here’s the breakdown:
- Property 1: This p...
I'm curious to see how many people actually have enough deductions to not pay any income tax on their cashflow at the end of the year? If you own buy and hold properties, do you pay tax at the end of the year, or not?...
My husband and I have an LLC with a 50% split in ownership, taxed as a partnership. We own several rental properties, which we run through this LLC. We have separate business bank accounts and credit cards and run all...
How long would I have to be moved out and renting my primary residence in order to be able to sell it and do a 1031 exchange? thanks in advance.
Hello everyone, mortgage rates right now is super low that i want to take advantage of it. The thing is the mortgage rates are low if it’s your primary residence and still quite high for investment (rentals).My curren...