
14 December 2017 | 9 replies
Maybe members could get an exclusive one that says Big Pocketeer.

26 November 2017 | 7 replies
To qualify for the Section 121 exclusion, it must have been your principal residence for 2 out of the past 5 years.
21 December 2017 | 15 replies
Both the House and Senate tax reform proposals would change the holding period requirement for the Section 121 capital gain exclusion on the sale of a primary residence from 2 out of the past 5 years to 5 out of the past 8 years.

26 November 2017 | 2 replies
I now use exclusively quartz for countertops.

12 December 2017 | 23 replies
You should also try posting your listings to Craigslist, I know @James Carlson has success listing his corporate rentals pretty much exclusively through CL and gets significantly higher rent vs. long term rental.

27 November 2017 | 2 replies
That would obviously cost you a lot more than your tax savings, and you would have to trust your 19 year old to be responsible with a huge sum of money.But to your actual question, your son would have to meet the 2 year ownership requirement in order to qualify for the capital gains exclusion on his portion of the house sale.

5 December 2017 | 1 reply
If this remains the case, what are her or her adult son's options if this remains the situation after his passing?

28 February 2018 | 9 replies
For small stuff, you're dealing almost exclusively with local banks, so you either need to find a local broker who knows who will deals with OOS investors, or you need to get on the phone and start calling the banks directly.

29 January 2019 | 23 replies
Does it still qualify for the capital gains tax exclusion or will one year be considered non qualifying use?

6 December 2017 | 9 replies
No taxes will be incurred as long as the property is less than the parents' remaining lifetime exclusion amount.