The coastline continues to grow and with towns like New London working  to build up their infrastructure to draw in more business and ultimately residences, it feels like the area is heading in the right direction overall.

The few lenders I've reached out to in my area (local banks, credit unions, etc.) are only working with primary residence for Helocs or Cash Out refi.

Investment Info:Single-family residence buy & hold investment in Aberdeen.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence fix & flip investment.

3) can a 250k exemption from sale of primary residence be claimed in the same year as a 1031 exchange for a rental?

Investment Info:Single-family residence buy & hold investment.

I live overseas and have been renting my only/primary residence on FF for a couple of years now.

Hello and thank you for this reply - yes, I have been analyzing a few properties - I have found that the main issue for both the traditional long term rental and also short term rental in this area is reliable property management - it is traditionally a cottage country tourist area, but it is becoming more popular for long term residency, and there is an emerging missing middle, because of property prices.

Under the 1984 Garn-Saint Germain Act You can legally transfer the title of your personal residence into a trust for "ESTATE PLANING PURPOSES", but NOT for liability protection.