Vlad-Stefan Marcu
Tax Deductions for a Live in Flip
16 June 2015 | 3 replies
Postal Service address,Voter Registration Card,Federal and state tax returns, andDriver's license or car registration.The home is near:Where you work,Where you bank,The residence of one or more family members, andRecreational clubs or religious organizations of which you are a member.You can exclude up to $250,000 of gain ($500,000 if married filing jointly) on the sale of your home if you meet the Eligibility test.Eligibility Step 1 - Automatic DisqualificationDetermine whether any of the automatic disqualifications apply.
Shawn West
Rent Credit Vs Seller Concessions?
18 June 2015 | 7 replies
Credits to settlement costs excluding pre-paid items such as insurance or taxes, is not financing as those credits don't reduce the purchase price.
Julie Meche
Investor from out of country looking for turn keys
16 April 2017 | 40 replies
Condos usually excluded.- Portfolio investors (min loan amount $300k, min 3-5 units).
Sean Rogers
To LLC or not?
23 June 2015 | 8 replies
Insurance policies exclude many of the things you are exposed to.
Dale Jackson
My Retirement Plan
30 June 2015 | 4 replies
They would then sell it at (hopefully) a profit and be able to exclude the gain from their taxes.In a perfect world, we’d do this sequentially so that I’d always have a project and we’d be cycling through the houses (son - daughter - my own place) so that each of us is building equity tax free.
Quynh-Chi Nguyen
Can you still invest in property when you still have a mortgage?
4 July 2015 | 4 replies
However, I will not make anything out this rental because I pay roughly $1800 per month on the mortgage excluding the $200 HOA/month.
Walt Giroir
Incorrect Survey done 15 years ago
19 October 2021 | 11 replies
Before spending money on an attorney, I think it would be wise to submit a claim to the title insurer unless the matter is clearly and indisputably excluded or excepted from coverage.
Bryce Nurding
Florida, or Atlantis?
13 October 2021 | 0 replies
Excluding areas immediately on water or with few inhabitants. thoughts?
Wojciech Grajewski
How to transition INTO a 1031 exchange?
20 October 2021 | 6 replies
Military members on active duty have up to 10 years for a sale to exclude capital gains, far more time than the 2 out of the last 5 year requirement the general public has.