Tucker Cummings
Loan Products for Primary Residence
21 September 2021 | 12 replies
See B5-7-01, High LTV Refinance Loan and Borrower Eligibility for additional information on these loans.The number of financed properties calculation includes:the number of one- to four-unit residential properties where the borrower is personally obligated on the mortgage(s), even if the monthly housing expense is excluded from the borrower’s DTI in accordance with B3-6-05, Monthly Debt Obligationsthe total number of properties financed, not to the number of mortgages on the property or the number of mortgages sold to Fannie Mae (a multiple unit property counts as one property, such as a two-unit);the borrower’s principal residence if it is financed; andthe cumulative total for all borrowers (though jointly financed properties are only counted once).
Jose Valdez
Rental property insurance
19 September 2021 | 16 replies
The homeowners policy excluded any coverage for dogs of this breed.
Michael Murphy
Renting my house for next summer
21 September 2021 | 10 replies
You have to live in a primary 2 of the last 5 years to exclude capital gains.
John Huynh
Savings needed when purchasing multi-unit
19 September 2021 | 2 replies
@John Huynh I would exclude retirement accounts from this calculation.
John Kunick
Evicting Unvaccinated Tenants
20 September 2021 | 34 replies
If he wants to exclude a lot of people and piss off a bunch more, that's his right, and his problem.
Hunter Burrell
Advice for selling SFH for max profit/1031 exchange eligibility
22 September 2021 | 2 replies
She would qualify to exclude up to $250K gain as an individual, or $500K if filed jointly.
Phil Reason
Duplex hack in San Diego
20 September 2021 | 5 replies
Thanks so much for any help guys -PhilYou seem to be aware that in July STRs are limited to 1% of an area (excluding Mission beach).
Chester Knapp
old home (poorly) converted to duplex - fix up or make do?
30 September 2021 | 14 replies
@Sherief Elbassuoni - Right now the property cash-flows slightly after budgeting for property management (my earlier numbers excluded capex and property management to get a sense of the monthly funds available for rehab).
Andrew Yu
How to Evaluate Mobile Home Park with Unlivable Trailers
8 October 2021 | 7 replies
Ask them what their current lot rent is and what else is included/excluded?
David Y M.
How to Do Real Estate Partnership without 1065
1 December 2021 | 3 replies
It may also be possible for co-owners of certain types of property to elect to be excluded from the partnership provisions of the Code pursuant to Code Sec. 761 .The IRS has issued guidance on when it will rule that the ownership of undivided interests in rental real property does not result in an entity.