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All Forum Posts by: George Liu

George Liu has started 7 posts and replied 30 times.

Post: Anyone familiar with Corpus Christi, TX market?

George LiuPosted
  • Houston, TX
  • Posts 31
  • Votes 6

Also very interested in getting into or partnering to get into a multifamily in CC (I live in Houston). Would love to connect!

Following. Went to grad school in Austin and have a couple SFRs there but very interested in getting into multifamily next (definitely see the appeal of the Gtown area)

@Anthony Rosa I've heard that mainland is restricting real estate investments in the u.s. - sounds like that's not the case!

I'll try to make it this time!  Thanks for organizing Matt.

Post: CPA help -;2 of 5 year rule

George LiuPosted
  • Houston, TX
  • Posts 31
  • Votes 6
Originally posted by @Eamonn McElroy:

Publication 523 is a great guide if you intend to DIY.

Thanks Eamonn!  Read up on the eligibility requirements - doesn't look like it being a rental for 2 and half years is a disqualifying item for this exemption so I think I'm good to go.  Just need to figure out how to eventually fill it out on the returns. 

Post: CPA help -;2 of 5 year rule

George LiuPosted
  • Houston, TX
  • Posts 31
  • Votes 6

For those that have done it before - I have a property that I previously lived in as a primary home from 2014-2016 that I'm looking to sell. The home has since been used as a rental - I was wondering if the 2/5 year rule would still apply in this case and if so how do you designate it as such on the forms to file the capital gains exemption? Thanks in advance for your help!

@Matthew Gullo awesome! Let me know when you schedule the next one. Looking forward to attending!

@Matthew Gullo

Is there another meeting planned? New to BP and eager to meet some like-minded folks!

Post: Anyone based in Houston (TX)?

George LiuPosted
  • Houston, TX
  • Posts 31
  • Votes 6

@Cody L. Bummer looks like I just missed the July Meetup.

Post: Anyone based in Houston (TX)?

George LiuPosted
  • Houston, TX
  • Posts 31
  • Votes 6

New member here and excited to learn more about real estate investing and networking in the area.