If you live there 2 years or more before selling you will be exempt from tax on the 1st $250k in profit which is a nice bonus. 

Quote from @Anthony Sigala: Quote from @Jaycee Greene: Quote from @Anthony Sigala: I am seeking a loan on a LTR that has a rent to value of 1.3% with the potential of 2%. 30 year amortization or interest only.

I’ve specialized in working with real estate investors for many years, and I’d love to hear more about your goals.

Hello everyone, I am focusing on acquiring my first multifamily deal this year. 

Materials have increased more than 20% in the last 5-8 years.

Thank you.I've personally bought and sold over 15 properties, was a Realtor in Texas for 5 years, and a loan originator for almost 10.

Happy New Year!

The building is 100 years old, but solid with regular maintenance and updates.

A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.

Refinanced August 2020 into a 15 year loan at 3.375%