Hi BP forum . Need some help and advice please. My husband and I and 2 small children have been living in south Florida for 6 years now , homeowners for almost 3 years. We want to relocate in Orlando as we have family there. Looking to invest in real estate hopefully in the near future. Now we are in the educating ourself part of it. Reading books and listening to all the podcasts in BP.
We have a VA Loan as my husband is ex military. We put a lot more work on it painted inside, out new electrical, plumbing and new A/C which my husband did most of the work. Selling our house we can get a good profit as on today's market. I think we don't pay capital gain taxes since we've been living in the house for more than 2years. Correct me if I'm wrong. If not what would be the option to avoid paying taxes? 1031 exchange ?
Now the other concern is if we sell and go orlando will we be able to get a new loan to get another house if we just get jobs out there ?
On that matter if anyone is looking to hire please hit me up. My husband is an IT engineer and he is very handy. My background is in sales/purchasing with a degree in business from Italy but we are looking any job around those lines. Especially something that can get us in real estate investing and learning about it. If any property management, financing or real estate investing looking to hire I would love to send our resume's. Or if you can recommend any companies to apply in Orlando as we are not familiar with the area. I appreciate any response. Thanks.