Zak Wear
Coop townhome in SF Bay Area
16 January 2021 | 0 replies
This coop holds exclusive lien position, so member-residents carry bankruptcy/foreclosure protection.
Philip Coiro
1031 exchange question
18 January 2021 | 5 replies
The section 121 exclusion will apply to their 1/4 of the 4 units.
Mike B.
1031 Reverse Exchange
24 January 2021 | 8 replies
A simple exclusive Option to buy a little later for a certain price should not cost much and would be my preferred route.
Billy Borus
Tax Impications for Accepting Rent with Cash or Check
26 January 2021 | 6 replies
Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion
David Bunyea
Listing Agent > Intermediary
22 January 2021 | 7 replies
If the other party doesn't want to be represented - your agent does not have to go into intermediary status and can simply register that buyer as an unrepresented buyer (or a customer) and exclusively represent you.
Pavel Bennett
Second Home Rider and renting out some portion of the house
17 January 2021 | 0 replies
It reads:If we're talking about a house that has 2 floors, but is not officially a duplex, would I be permitted to rent out (long term) the downstairs as long as I keep some portion of the house (like the upstairs, or even just 1 room) exclusively for myself and reside there for at least some portion of the year?
Rami Polatchek
Whole-Selling in Dallas TX
21 January 2021 | 7 replies
Hi everyone.I guess all has said and done about the competitiveness of the DFW TX market.I’m a new fix&flip (out of state) investor to this market with 500K budget and yet I find it extremely hard to find an off market property under 70% investment on ARV area.The big wholesalers don’t really leave any bones to an unknown newcomer like me.I started looking for a hopefully promising ambitious fresh exclusive wholesaler to overcome the unsuccessful race.I’ll be happy to hear ideas and opinions how to get an exclusive relationship with wholesalers.Thanks
Sharon Li
2 of 5 Yr Rule for Capital Gains Tax Exclusion
25 April 2021 | 2 replies
However, they talked to a CPA, and were told that would not work, citing a special rule enacted in 2009 limiting the $250,000/$500,000 exclusion for homeowners who initially use their home for purposes other than their principal residence, such as a rental or vacation home.
Paul Wakeman
Selling my home, when or even should I.
25 April 2021 | 1 reply
However, you have to be in your home for two of the last five years to qualify for the Section 121 exclusion where you get $250,000 of capital gains tax free.
Joe S.
Finding out of the area contractors for a reasonable price.
3 July 2021 | 10 replies
We are interested in how many websites have the linguistically incorrect title "sell my house fast Oklahoma City," which is written exclusively for SEO:The percentage of SEO headlines drops drastically on page 10, because Google has exhausted wholesaler sites in Oklahoma City.