If we sell investment Condo to convert to primary 2 years later to use tax exclusion and protect gain during investment years will the post 2009 "non qualifying" years (rental) be excluded from protected gain?

Ok, so I've been using the rental property calculator lately and reivaluating all my properties. I've also been using it to evaluate properties that Im  thinking about purchasing. Because of this tool I've shied away ...

We have recently acquired a vacation rental.  It's located on our choose & cut Christmas tree farm, and we're looking into the possibility of hosting events there, too.  We're running it all as a sole proprietorsh...

Hello all,I have an SFR that I bought 3 months back (cash) and I want to do a cash out -refi on this property, so that I can re-invest. The property is located in Columbus Ohio and is currently rented out with a one y...

I recently went under contract on (2) 4-plexes (same seller) with a purchase price of $47,500 each.  Based on what I have read on BP, it was my belief that I should go conventional on these loans (I only have one conv...

Hey everyone, I am looking for a way to replace my job. With my current job, I have no time with my family and it is hindering my relationships. I'd love to get involved in real estate so that it can be something my w...

Hello everyone! My name is Essence and I am new to Real Estate Investing. I found this site the other day and I can't stop reading the blog posts! I find them very informative and they make everything very clear and e...

Good afternoon BP. I am looking at making a move on my first investor property but wanted to get pre-approved etc. I saw a good post with a list of a few good local lenders but I have been unable to track it down agai...

I was wondering if anyone is using the 50% or 2% rule for the properties in North Houston area (Spring, The Woodlands etc). I am most interested in the 2% rule, and if it works out for this area, or does someone have ...

I currently have 4 credit cards and a personal line of credit. I want to cancel 3 of my credit cards and end my relationship with a particular for profit bank. However, I am curious if this would at all effect me when...