Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Live here 2 years or keep and get another primary
Hello Bigger Pockets friends, I have a unique situation I've been mulling over for some time now and decision-making time is coming soon. So I purchased a home with an FHA loan, I've lived here for the required year and now I have the option to continue living in this home another year to avoid paying capital gains tax down the road-should I ever choose to sell it-or to go ahead, convert this home into an investment property and buy another primary residence with little to no money down and lock in a great interest rate while the last? I'm considering the pros and cons. Any advice appreciated.