With long term rentals (or any house aside from a flip), you are unlikely to make money off the sale of the home if you have only owned it for 2 years after you pay the realtors and other fees.

In a scenario where we sell the property (for round numbers purposes not including fees and closing, I have rounded the numbers as is) the profit is $800k , because it has been our primary residence for the last 4 years, are we still sheltered from $500k in capital gains? 

What are some good ways to find for sale by Owners?

Hey everyone! My name is Michael and I am brand new to the real estate space. I am a registered nurse in the NJ/NY area looking to start investing in real estate. There are a few reasons why, but the main reason being...

I am closing on the sale of my non-RE business in January; we are then selling our home and moving across the country to a cheaper property in Maine.

Additionally, failing to close a loan over a fiscal year is a huge red flag and usually leads to termination.I want to dive headfirst into RE investing to gain that experience I mentioned above.

I'm in AZ.Background: I closed on this 5plex May 10. 

Our primary mortgage is $2,049 a month and my wife and I make pretty close to $400,000 in income from our W-2s.

As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.

I recently closed on a refinance conventional loan, and rushed through the closing as we were trying to use the funds to finance the downpayment of a purchase deal.