Shari Azama
Just bought my first home (to live in)! What's the next best move?
12 August 2024 | 15 replies
Something you can do to start your 5 year plan would be to live in your Condo for 2 years so you can qualify for the $250k tax exemption (if single) $500k if married and then take those funds to either put a down payment on another property you could live in plus you would have some left over funds from the sale.
Craig Jones
STR hotel house hack with creative financing
9 August 2024 | 6 replies
The town treats it as a commercial lodging property so it's exempt from heavy-handed local STR restrictions.The sellers have been open for biz only part time in their retirement.
David Lamb
List Source Worth Money
7 August 2024 | 5 replies
I just get my lists fir free from the municipalities:- Most delinquent tax payers- Tax-exempt property owners- Tax-deeded previous owners still in the redemption period- Fire-damaged etc
Marty Sheckter
Rent or Sell Condo Feedback Needed!
8 August 2024 | 3 replies
SELLAt this point in time you get to exempt capital gains because it was your homestead.
Julie Cope
Unusual purchase plan- discounted price for free rent. Feedback?
7 August 2024 | 3 replies
As the property is a SFH (Single Family Home) it is exempt from the most restrictive rent control measures in place.
Nick Sansivero
Will transferring ownership into an LLC cause issues if I try to complete a 1031?
6 August 2024 | 14 replies
Most purposes that people on the BP forums are transferring properties to an LLC, would be exempt of the Due On Sale Clause.
Mike Jennings
Ideas to move forward
6 August 2024 | 3 replies
Were you there 2 of 5 years for tax exemption?
Craig McCarter
Am I creating a potential discrimination claim for myself?
4 August 2024 | 8 replies
I think he's exempt from fair housing isn't he?
Mike Schorah
What’s the Maryland wholesaling bill that’s trying to make wholesaling illegal?
6 August 2024 | 32 replies
I’m sure there will be a something exempting selling properties you own.
Ellie Narie
How do you do a 1031 exchange for a house-hack with 2 owners that own as JTWROS?
5 August 2024 | 5 replies
Now there's two tax payers in a non-community property state selling and taking primary residence exemption on one of the tax payers.