Most of the investment properties that we are looking at have minimal lease terms from the HOA of one month to six months.We are not opposed to buying this type of property.Questions:1.

I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?

Are you looking to use this strategy continuously or as a 1 off.

Would a property like this be better suited for long-term or short-term rentals in your experience?

I’m thrilled to join this community and connect with fellow real estate enthusiasts.

This question has come up a few times with prospective clients recently, so I thought I'd shed some light on it.Generally, being an employee in a real estate business does not automatically qualify you for REPS unless you own at least 5% of the employer.

I suggest having this conversation with an attorney.

This month we'll answer your questions and hear from a property manager who has made it work!

How would I go about acquiring this property?

I'm excited to be a part of this community and would love to connect with others in the CT area.