28 June 2024 | 10 replies
not really after taxes and realtor fees.I think we are talking about the same deadline: If you did not live there for 2 years of the previous 5 years, you cannot take that 500K subtraction from your capital gain, assuming you file jointly.
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24 June 2024 | 13 replies
FYI https://www.biggerpockets.com/forums/48/topics/220459-joint-...https://www.biggerpockets.com/forums/48/topics/756959-why-jo...
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27 June 2024 | 10 replies
(and yes, DSCR are personally guaranteed) The number of financed properties calculation includes:the number of one- to four-unit residential properties where the borrower is personally obligated on the mortgage(s), even if the monthly housing expense is excluded from the borrower’s DTI in accordance with B3-6-05, Monthly Debt Obligationsthe total number of properties financed (not the number of mortgages on the property nor the number of mortgages sold to Fannie Mae), with multiple unit properties (such as a two-unit) counting as one property;the borrower’s principal residence if it is financed; andthe cumulative total for all borrowers (though jointly financed properties are only counted once).
26 June 2024 | 8 replies
Combine this househacking with joint venturing on some commercial property around the same market (5-20 units) with a few other investors that compliment your skillset and viola, you will obtain 30-50 units in 3-5 years.
24 June 2024 | 5 replies
Hello – I'm looking for confirmation of understanding/ advice relating to transferring property into LLC and treatment from a tax perspectiveMy parents completed a 1031 exchange over 2 years in their own names – they file a joint tax return.
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25 June 2024 | 1 reply
Currently, I jointly own a property with my dad.
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28 June 2024 | 21 replies
Obviously our marriage and our joint happiness is so much more important than becoming financially free a couple years earlier.
24 June 2024 | 3 replies
I file jointly and we are able to put enough of our income into a retirement plan that we can be below 89,000 in income (including rental income).
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26 June 2024 | 9 replies
Start building your network meanwhile by Meetups for Real Estate and also Facebook Groups for Real Estate in your areaMaybe you can get into a Joint Venture with some one and that can escalate the time to buy a property
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24 June 2024 | 3 replies
I was looking at the TCU and Joint Force base area.