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23 January 2025 | 1 reply
For the son to qualify for the $250k exclusion, I believe he would most likely need to meet the ownership and use test, meaning he needs to own and live in the home as his primary residence for at least two of the last five years before the sale.
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31 January 2025 | 8 replies
Here's a little background on Tenant situation...has 2 or 3 young kids, an adult sister, an aunt with her male friend and the lessee has a male friend, that all appears to live in the apartment but aren't on the lease.
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30 January 2025 | 2 replies
We paid off our primary home last year and have been slowly getting the courage to jump into the investing market where we live in the Pacific Northwest.
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14 February 2025 | 12 replies
I live in Charleston, SC, and am looking to buy my first property here this year.
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14 January 2025 | 18 replies
Another key benefit is diversification; an SDIRA allows you to include real estate in your portfolio, reducing risk by spreading your investments across different asset types, which isn’t possible with a standard IRA.Moreover, assets in an SDIRA often enjoy protection from creditors, adding a layer of security to your investments.
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12 February 2025 | 11 replies
A PMC is like insurance - how long would you choose for your family to live without medical insurance?
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4 February 2025 | 2 replies
While you may be willing to live without heat/ac or hot water for a week.
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26 January 2025 | 4 replies
Anyone can live anywhere they want if they have the money, and sometimes houses are bought and then rented out without much background checking on the people moving in.
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26 January 2025 | 28 replies
I live in Seaford, NY and have been searching for areas outside of LI to do my next deal.
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31 January 2025 | 29 replies
The people within your subdivision may sell the house for you, as they may have family/friends who want to live close to them, and people are always intrigued by new construction in their neighborhood.