I am doing a 1031 exchange. I would like to know whether I can use some of the proceeds (tax free, or more accurately deferred taxes) of the property I am selling to buy furniture, new kitchen of the new property that...
Hi all! I've been a pro member for a while but never introduced myself. I am trying to be more active and meet like kind real estate minded people. I live in louisiana in iberia parish, near lafayette parish. I purcha...
I'm an aspiring wholesaler and am currently putting together a call list. I found these three homes in the middle of nowhere on the same road I grew up on. All the homes in the area are owned by home owners besides th...
hi , there
i'm very interesting invest apartment. anybody know who try sell apartment (50+unit )with no moneydown and help pay closing cost?
As many have said in previous Section 179 posts, for real estate it is hard to generate enough tax liability to be able to take full advantage of what section 179 can provide. That being said, is a reasonable strategy...
I’m not sure if I’m asking the question correctly but if you have a rental and pay for the septic costs for your tenants (basically water included) when doing taxes can you use that as deductions/expense against the i...
If we resided in a property for 20 months in the last 5 years, does the IRS consider a "partial" capital gains tax exemption? Or is it a binary designation?
Hi BP Community,
I’m a multifamily investor based in NJ, transitioning from smaller multifamily units to 6+ unit properties. My goal is to acquire and stabilize these larger properties using private lending to fund d...
Hello everyone. I hope everyone who's reading this is all well. I have some concerns to share with you guys.I've posted a similar question before, but still haven't found the answer yet, so here I am writing this agai...
My sister and I are new to REI, but we're stoked as hell to jump in, and we happen to be lucky enough to have access to ~$275K in cash. We're trying to think through what is the best approach for investing this cash i...