All Forum Posts by: Huso Akaratovic

Greetings, How many people sell their properties FSBO and welcome buyers agents VS doing the entire transaction with the agent?

@Bruce Lynn thank you for replying. I forgot to mention, I drove by the property couple of weeks after they closed on it and observed crews doing the remodeling. When I reached to this individual earlier to inquire information on a potential tenant, I asked if he had any other units available. He replied that he has another one that will be ready in 2 weeks. I don’t know what to think any more.

Greetings, This past summer I was monitoring a townhouse that was listed under HUD website that I wanted to purchase. Of course, as an honest person with integrity, I was following the HUD rules and did not bid during the owner occupant phase. I was waiting for the unit to be available for the investors to bid on it. Well, the unit never became available for the investors to bid on it... Apparently someone bought it as an owner occupant. The buyer closed on the property on August 22. Recently, I came across that unit and realized it was being rented out. This made me angry immediately. So, I reached to the person via Facebook market place and started asking questions as a potential tenant. Am I hallucinating, or did this person broke the HUD rules???? What do I do now? Thank you!

@Basit Siddiqi thank you!

@Vi K. Thank you!

Greeting folks, I have a question for all of you great people on this forum. Maybe I am looking into this too much and over analyzing things and possibly confusing myself. Anyways, my question is: I have a primary single family residence that I have lived in for 3 years now. My goal from the beginning was to sell it after 2 years and avoid capital gains. I wanted to listed for sale this year, but I started considering an option of possibly renting it out. So, if I rent it out for 2-3 years and then decide to sell it. Do I still qualify for the exclusion of the capital gains? Thank you everyone!

Greeting folks, I have a question for all of you great people on this forum. Maybe I am looking into this too much and over analyzing things and possibly confusing myself. Anyways, my question is: I have a primary single family residence that I have lived in for 3 years now. My goal from the beginning was to sell it after 2 years and avoid capital gains. I wanted to listed for sale this year, but I started considering an option of possibly renting it out. So, if I rent it out for 2-3 years and then decide to sell it. Do I still qualify for the exclusion of the capital gains? Thank you everyone!

@Nurzhan Abenov congratulations!!

@Elenis Camargo they did not combine them. I did them all separately, but I still got the same outcome. No cost to me whatsoever, Just extra paperwork for them:)

@Elenis C. Last summer I used heloc on 3 rental properties In order to purchase a flip. I went with a local credit union bank, and got 80%.