On rentals, same thing happens, I'm out of luck if he's uninsured.This is in addition to losing the capital gains exclusion, homestead exemption, and many other benefits, without any tangible benefits to make up for it.

The latest word on the street is that STRs will only be allowed with a homestead exemption, meaning the owner lives on site.There are several discussion threads on this topic. 

(Please Note) If you place your money in a Roth IRA you can only withdrawal contributions, not interest, unless it is used for your first time home purchase, student loans, or a medical bill,  2.

The policy I'm looking at is 300k personal liability with $5k medical payments. 

Every carrier that I have talked with have dwelling coverage with liability and medical payout coverage.

It's not hard for her to reduce this gift amount from her lifetime estate exemption, but consequences are dire if you don't.  

Travelle,I found this searching google:A basic funding fee of 2.15 percent must be paid to VA by all but certain exempt veterans.

Louis and improve neighborhoods Washington University Medical Center Redevelopment Corporation (WUMC) was formed in 1962 and stabilized Central West End and Forest Park Southeast (The Grove). in 2018 they expanded to include North Delmar neighborhoods.Conclusions:Wage and cost of living data argues that St.

You have to have lived in the home for two consecutive years within the last five years to qualify for this tax exemption, so the clock is already ticking if you have been renting the condo.Consider this, if you decide to keep the condo as a rental, the cash flow and appreciation return would need to exceed the prospective taxes you will eventually have to pay on the capital gains when you do sell, unless you shelter those gains in a qualified investment vehicle like a 1031 exchange upon sale of the property.

Hey guys, I've always focused on the residential side, but I've come across a 4 unit commercial medical/office building. 2 units are rented out to a chiropractor & dentist, 2 are vacant & 1 needs rehab.