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12 June 2018 | 6 replies
Hi Darren,Diane and Michael are correct; under Section 121 of the Internal Revenue Code you (as a single individual) can exclude $250,000 of capital gains from your taxes if you have owned and resided in the house as your personal residence for 2 out of the 5 years prior to the date of sale.
11 June 2018 | 6 replies
More details, I make about $39,000/yr with $5k saved and I’m going to be renting at my current residence for about 18 months.
14 June 2018 | 5 replies
My Name is Jason Kunst I live in Northwest Indiana, and I’m looking to start house hacking.I am currently renting with my brother and will be at my current residence for another 18months because we are supporting my mom.
11 June 2018 | 1 reply
I found a condo that I plan on making my primary residence, but after talking to the owner he has two other condos he wants to sell too.
11 June 2018 | 1 reply
Are Multi-Family investments properties ideal in a more rural area? Or would single family homes be better? Is there a rule of thumb for this or does it just depend on your market?
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12 June 2018 | 13 replies
But we are very careful with tenant selection and find the creams of the Class C resident pool.I think you're going to be disappointed with paying out more than $50K per unit for anything that only yields $100/month positive cash flow.
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15 June 2018 | 7 replies
Hi,My father lives in NJ. I would like to loan him money, paid monthly to help with his expenses. Unfortunately, he is not always financially responsible. I would like to loan it against his property which he owns fre...
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12 June 2018 | 9 replies
My advice is refinance while it is still your primary residence bc you can get owner occupy conventional loan rather than investment loan.
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12 June 2018 | 6 replies
Hello Everyone,My name is Edward and I am new to REI, residing in Providence, Rhode Island.
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1 February 2019 | 32 replies
By out of country investors do you mean expats investing in Germany or individuals not residing in U.S. but investing there?