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1 October 2024 | 2 replies
Typically it is binary, you either meet the 24 month requirement or you don't...there are a couple of exceptions for moving in less than 24 months which you can review here:https://www.irs.gov/publications/p523#en_US_2023_publink1000...Look at the "Partial exclusion" section
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30 September 2024 | 4 replies
Hey all,I’ve recently acquired a 4 story, 5 unit building on a corner lot in old city Philadelphia.
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1 October 2024 | 2 replies
Investment Info: Multi-family residential buy & hold investment located a 20-mile drive or 25-minute ferry ride from downtown Boston in the beach town of Hull, Massachusetts, also known as Nantasket Beach.Purchase price: $550,000 in 2016Cash invested: $137,500 from 1031 exchange (75% mortgage)A 14-unit property on a corner lot, and it includes an adjacent lot as well (10,000 sq ft total lot size, double the town median lot size), giving an exceptionally large patio, yard, parking areas front and back, and a storage shed.
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27 September 2024 | 4 replies
I'm interested in writing an offer on a duplex in Columbus OH that is currently occupied with Section 8 tenants on both sides.
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3 October 2024 | 14 replies
I'd highly recommend looking more into the BRRRR section on BP to learn a bit more about how they use DSCR loans to scale.
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1 October 2024 | 9 replies
I suggest you start by reading the insurance policy, starting with the definition section which should tell you who is insured.
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1 October 2024 | 12 replies
It may make sense to post in the classified section of BiggerPockets as well!
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29 September 2024 | 13 replies
I will leave landlording section 8 to others.
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25 September 2024 | 32 replies
I’m looking to invest section 8 in Ohio.
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26 September 2024 | 5 replies
Your agent said, "Section 8 is guaranteed rent income!"