Karen Y.
Keep or sell Bay Area rental? Converted from primary 2 yrs ago
Hi All,I have a condo in Silicon Valley (Sunnyvale) that we converted from a primary residence 2 years ago. The 2-out-of-5 years window for tax purposes is coming up, and we are trying to figure out what to do next.I...
David Chance
Selling my rentals - Tax ramifications
Hi,I plan on getting out of rentals because it is becoming harder to be a landlord in Maryland.I'll be selling them.. but was wondering if it is a bad idea with regard to taxes to sell all of them right away.I underst...
Daniel Quintanilla
HELOC VS CASHOUT VS SELLING
Hi Bigger Pockets Community,Very green to this and just looking for some ideas/advice/things to stay away from. Here is my question: My father purchased a home with cash in San Antonio Tx about 5 years ago for 240k, t...
Brian Slater
Cash Out Refi Evaluation
Hi All, I am new to BP but have had my first rental SFH since 2011. While I definitely jumped head first into this deal and make some mistakes, I did have some help with some experienced people around me. I also l...
Isa Rayyan
Selling or keep as a rental
I need advice on what to do with this SFH property. I have owned it since 2012. Bought for $360,000 I am currently renting it for $2595.00 a month. Positive cash flow is at $650 after all expenses. I have only $...
Anna W.
Looking to get back in the game, Fort Riley, Kansas
My husband and I had a short lived, several year experience as property owners including a duplex and a condo in two different states. We went through a few tenant turnarounds and sold the properties due to me startin...
Chris Blackburn
Building Townhomes-Salem Oregon 94 Developed lots- build or sell?
We purchased a townhouse subdivision with all infrastructure completed, (roads, sewer, etc.) There are 94 fee simple town home lots. Originally purchase 2012 from a bank, with real estate picking up in our area over...
Chris Reyes
What would you do with a 350k tax exchange opportunity?
My family and I are deciding to go into business together by upgrading our rental properties. We have an opportunity to sell:- 1 rental (one of my parents) for 350k - 1 rental (of ours) net 80k-100k (use to start proc...
Phyllis Kelly
What's Our Next Big Move?
Hello, looking for some advice on our next real estate move!
We house hacked our first property, a duplex, back in October 2021. We bought was was then a 2/1, 1/1 for $200,000 at an amazing 2.6%. We since remodeled t...
Ernest Badalov
Capital gain tax
Hello everyone,I’m in Wilmington, NC and I’d like to know what would be my long term capital gain tax on a rental property that I own for 3 years, assuming that my household gross annual income is $82,000. In my parti...