Erica Calella
STR in Alabama
31 May 2024 | 9 replies
Excluding primary residential areas, there is little risk of legislation negatively affecting STRs in those towns.
Tom Winter
Can I lease my primary residence to my LLC to qualify for another mortgage?
29 May 2024 | 2 replies
Hi Tom, This is a unique situation - some lenders may allow this as a departing residence excluded from the debt to income ratio.
Chance Calhoun
What are the taxes on selling my home?
28 May 2024 | 2 replies
My question is, does the fact that we rented the home exclude us from being eligible on not paying taxes on the first $500k proceeds from selling after two years?
Shaydon Childers
DSCR LOAN question
29 May 2024 | 12 replies
Leasing back to him excludes doing a conventional loan.
Ryan Overcash
Monarch Money Budgeting
27 May 2024 | 5 replies
I only use it for my personal stuff, and exclude anything that has to do with my rentals, which I'm assuming would be the plan for yourself.
Lucas Gomez
Rent or Sell rhe big question
27 May 2024 | 2 replies
Another thing to consider is that if it was your personal residence, you may be able to exclude some capital gain income if you sell it within a certain amount of time.Best of luck.
John Vela-Garcia
Renovating vs New Build
25 May 2024 | 14 replies
How much would a brand new home cost to build with mid-grade finishes (excluding land as that varies)?
Cynthia Dufresne
First Deals Analysis
23 May 2024 | 4 replies
This would be done by leveraging private funding for down payments that will be payment free for two years but then paid out with a balloon payment plus interest on the back end via a tax excluded sale of our current rental property in two years, giving us a very large payment of tax-free income.Thoughts?
Daniel Shuler
Seller Financing Down Payment + 1031 Exchange
22 May 2024 | 3 replies
For example, if you sell a $500K property with $150K in seller financing...well, the $150K will be excluded from the exchange and capital gains taxes will be recognized as payments are made.
M Edouard
Real estate agent only sends me a limited selection of houses
21 May 2024 | 12 replies
It's not that complicated why a list would exclude properties.