Account Closed
Advice - What would you do?
3 September 2018 | 22 replies
There are rules that would allow you to sell your residence tax free.
Jeff Leeker
1st single family rental is paid off. How to buy another?
1 September 2018 | 7 replies
A rule of thumb that I hear a lot is the 1% rule where you want your monthly rental amount to be at least 1% of the purchase price.
David Klein
First investment decision?
22 October 2018 | 6 replies
I was looking for something under 100K to shoot for the 2% or there about rule but am having a tough time.
Justin Juhan
Renting Primary Residence Then Moving Back
4 September 2018 | 4 replies
I'm not a CPA so you should consult with yours, but these are the basics for your situation.Capital gains exemption on personal residence - This is the 2 years out of 5 rule, if you've lived in a home as your primary residence for 2 out of the last 5 years you get a capital gains exemption of $500k since you're married (it'd be $250k if you were single) Meaning the home can appreciate $500k or less and you'll pay no capital gains as long as you meet this 2 out of 5 requirement.
Srini Ramkumar
Out of state turnkeys
30 August 2018 | 23 replies
I am starting to read up on real estate investment and quickly realized that investing close to where I stay(California) is not possible as 1% rule does not really apply here.
Kyle Plants
Mortgage limit questions
26 August 2018 | 2 replies
They has a set of rules that mortgages must meet for them to be able to buy a mortgage.
Mark C.
Moving Real estate into a Roth IRA
20 September 2018 | 10 replies
The LLC properties are outside of IRA's, so if I am not tied entirely to them I could put $1M of them into a Charitable Trust with perhaps a 5% withdrawal and use the IRS rules for deduction moving assets into a Trust in the first 6 years to convert the IRA rentals to Roth IRA rentals.
Rob Bergeron
Louisville Ranked Fourth Nationally in Business Growth By Yelp
26 August 2018 | 0 replies
https://www.courier-journal.com/story/money/compan..."Most of the new businesses were in Louisville’s Okolona and Middletown neighborhoods and involved in what the company describes as health, beauty and home services...
Suzanne A.
Question about Tenant Turnover Timing...help please...
27 August 2018 | 8 replies
Meaning, expect them to be able to move in on the third, but if it’s got to be the fourth then so be it.
Aaron Deane
Investing in a Rental with a Partner
28 August 2018 | 8 replies
Then, you can draft the document where a simple majority rules.4.