![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1681265/small_1621514734-avatar-sharia4.jpg?twic=v1/output=image&v=2)
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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3095412/small_1723133499-avatar-jakeo64.jpg?twic=v1/output=image&v=2)
10 August 2024 | 7 replies
I wonder if tax's shot up because you lost your owner occ exemptions some state non owner occ tax's are 2X 3X higher than if you live in the property.. its one of those gothcas that happens in those states.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3094659/small_1723051418-avatar-shwetas32.jpg?twic=v1/output=image&v=2)
8 August 2024 | 4 replies
You can sell the coop and purchase any type of real estate you want.The rule for the primary residence exemption os that you have lived in it for 2 out of the 5 years prior to selling.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2791593/small_1694561756-avatar-craigj123.jpg?twic=v1/output=image&v=2)
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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/246472/small_1714846985-avatar-jec83b.jpg?twic=v1/output=image&v=2)
8 August 2024 | 22 replies
Is there a specific town or suburb that would attract medical professional and/or professional tenants more than others?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/33644/small_1621366624-avatar-brandonatbp.jpg?twic=v1/output=image&v=2)
11 August 2024 | 99 replies
I am in the medical field and want to dip my hands into real estate.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2990822/small_1713104204-avatar-davidl1625.jpg?twic=v1/output=image&v=2)
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
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3094955/small_1723071974-avatar-martys43.jpg?twic=v1/output=image&v=2)
8 August 2024 | 3 replies
SELLAt this point in time you get to exempt capital gains because it was your homestead.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2191676/small_1717987185-avatar-mikes1113.jpg?twic=v1/output=image&v=2)
6 August 2024 | 32 replies
I’m sure there will be a something exempting selling properties you own.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/618596/small_1689087802-avatar-mdrouin.jpg?twic=v1/output=image&v=2)
9 August 2024 | 39 replies
Many wont even live till 60.People get blinded by the new shiny toy that they forget, REAL ESTATE IS THE RETIREMENT VEHICLE so why put a retirement vehicle into another retirement vehicle which you can't even enjoy until you're dead or crippled with medical issues.