We had a 1031 exchange property which was a new construction rental for about 14 months, then we used as a residence for two years. We sold it at just under 4 years with the idea of a residence sale after living in it...
Hi All!New to real estate investing and recently completed my first buy & hold in Denver, CO where I'm located. It's off to a great start so myself and a buddy of mine are looking to acquire a property in Jackson...
I am selling a home in Georgia as a non Resident.I am told a 3% of Cap Gaines will be with held for the GA IRS.I read that GA Capital Gaines tax is 6% and they seems to be no Long term/short term differential.I unders...
My buddy told me he bought a camper and is able to write off the interest because it’s a “second home”…Which got me thinking…. Can I buy a sailboat as a second home, and write off the interest if it has a cabin? What ...
Hi everyone! My name is Joshua Carmona. I’m originally from Toledo Ohio. I moved to Columbus Ohio for college in 2007. GO BUCKS! After graduating college in 2012, I stuck around for awhile and then decided to mov...
How would one determine the basis of a rental that was gifted? I know the person receiving the property should use the giftor's adjust cost basis. However, the pervious owner did not keep good records.
My wife and I are looking to downsize and move into a smaller house. My buddy happens to have a house that he is willing to owner finance. The problem is he still has a mortgage. How do I legally structure the deal so...
Hi my name is Catherine. I am a newbie from orange city orange Ca, My husband has been in the property maintenance business for 12 years , he has a team to flip house , we decide starting flipping ,But finding the go...
Hello BP community! I'm looking into building a detached ADU at our primary residence in La Mesa. Does anyone have recommendations for ADU design and construction companies in San Diego county? I've already reached ou...
Hello Charleston BP folk. I am enjoying the BP podcast and forms. I though that I would see about contacting local REI's.Cheers,Buddy