
27 September 2024 | 2 replies
Investment Info:Single-family residence buy & hold investment.

26 September 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment in Oakland.

27 September 2024 | 1 reply
Investment Info:Single-family residence buy & hold investment in Piffard.

2 October 2024 | 71 replies
I purchase as primary residence, and then move and rent when I have a new downpayment saved.

26 September 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.

28 September 2024 | 12 replies
This could mean an updated lobby, hallways, a new resident lounge etc.

26 September 2024 | 4 replies
End of the day borrowing against a rental will always cost more than your primary residence.

29 September 2024 | 21 replies
the one you live in would qualify for the primary residence exemption.

26 September 2024 | 5 replies
Investment Info:Single-family residence buy & hold investment.

25 September 2024 | 14 replies
While not in TN specifically, I have assisted clients do as you have described: live in a property as a principal residence for 2 years, rent it out for 3 years, then sell.Based on the situation described, you would appear to be eligible for the MFJ joint exclusion on principle residence on your 90% share.However, in order to retain that ability, the house will very likely need to be sold (ie, sale closed, not just under contract) by the end of this month.