Jessie Niu
Need your advice please!!! Seller filed bankruptcy!
17 March 2016 | 11 replies
Some things are exempt (primary residence) but depends on your state as well.
Julia Shevchenko
advice on NOD with a student owner please
27 August 2016 | 1 reply
I don't know that cap gains, exempt from tax if she's lived there 2 years, would disqualify her from student loans.
Angelo Carbonara
Property Tax Question
19 October 2017 | 3 replies
However, some states have a homestead exemption that limits annual property tax increases for owner-occupants.
Kendall Seals
How to Structure my Real Estate Business
5 October 2017 | 11 replies
There is an exemption for rentals (up to four, residential units) but you still need to file the paperwork annually.
Regine Nelson
Need Help Deciding Whether to Sell 1st Rental Property or HELOC
26 August 2017 | 1 reply
If we sell the home, we would end up with $1.1MIL nearly tax-free due to the $500k tax exemption.
Josh Marcus
Need BRRRR Refinance Bank in Clearwater, FL Area
23 December 2020 | 9 replies
@Josh Marcus if you pay cash you can recoup those funds with the Delayed Financing Exemption but you will have to wait a longer period to recoup the rehab portion
Sandy Uhlmann
Does a non-performing note have to be with a servicer?
21 April 2016 | 11 replies
You are confusing exemptions from Dodd-Frank with this situation.
Igor Messano
Cash Out Refinancing in PA
26 November 2018 | 9 replies
@Igor Messano If you use a hard money loan to purchase the property then you will not qualify for the delayed financing exemption.
Kathy Henley
Selling our Primary Home to free up more cash
2 March 2017 | 5 replies
I will miss the home interest exemption on 2017's tax return.
Craig His
converting primary into rental, do the numbers work?
8 March 2017 | 12 replies
The reason is this: if you sell your AZ house before you buy in KC the proceeds from your AZ home should be exempt from cap gains since it's your primary residence.