Tonya Keels
What's the difference between Title Search and Title Insurance?
8 March 2024 | 5 replies
Title insurance insures against many issues that could come up later, but they will only issue this insurance after a title search that shows there are no known title issues or if there are issues you could potentially get insurance that excludes those issues and assume that risk yourself.
Nicholas Lioi
How to make the BRRRR module work in Westchester
8 March 2024 | 6 replies
(this description excludes other variables such as inflation, mortgage rate drift, etc
Nana Sefa
Owner’s title insurance - to get or not?
12 March 2024 | 250 replies
The indemnification also excludes losses from mis indexed docs.
Andrew Grant
First Tax season House Hack
7 March 2024 | 9 replies
Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion.
Roy Sawyer
Help me analyze this deal
6 March 2024 | 2 replies
This excludes any operating cash flow Your renovation can be funded by debt or by equity.Just by glancing at the biggerpockets performa, your biggest issue isn’t your purchase price it’s a negative NOI.
Brandon Ly
What would you choose? SB9 vs. ADU vs. Home Addition?
6 March 2024 | 8 replies
SB 9 prevents profiteers from evicting or displacing tenants by excluding properties where a tenant has resided in the past three years."
Yoon Chong
AirBnb Management Liability/Insurance
8 March 2024 | 30 replies
Definitely be careful, as most nationwide brokers will incorrectly rate you for traditional property management insurance, which almost always applies to LTRs and specifically excludes STRs in the fine print.
Cameron Goodall
Advice on My Approach is Appreciated!
6 March 2024 | 6 replies
It is important to remember that if you buy a single family home that you will live in for a while, consider living in it for 2 years before you sell because the IRS will allow you to exclude up to $250,000 of capital gain on your property from being taxed ($500,000 for married couples).
Antonio Signorelli
Are mortgage delinquency rates going to increase in 2024?
6 March 2024 | 5 replies
Because of this I am not too worried about a real estate crash, although I don't exclude a correction, especially if interest rates continue to stay elevated in 2024.Curious to hear your thoughts on this and how/if this is affecting your investment strategy.Thanks,AntonioFigure 1 (source: St.
Alison S
Question about capital gains exclusion on primary residence
5 March 2024 | 2 replies
Question for the tax pros out there.If someone inherits a home from a trust after death of the owner, and the home is their primary residence, does the two year period to exclude capital gains on the sale of a primary residence start from the date of death or the date the house was distributed from the trust?