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20 December 2018 | 66 replies
Now I still contribute to get my company match in a 401k but I am now investing after tax savings exclusively into RE.
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27 February 2018 | 2 replies
I am a genuine and trustworthy businesswoman, a mother of three adult daughters and a dog lover.
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24 March 2016 | 1 reply
Then if listing agreement with agent is 'non-exclusive right to sell', you can put property under contract and assign it to your cash buyer.This is how I might be doing in MI (according to the situation).
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28 March 2016 | 4 replies
Check your local ordinances about how many unrelated adults can live together- for us it is 3.
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21 April 2016 | 5 replies
If you have lived in the house for 2 out of the previous 5 years you can take the first $250k (500K if married) in gain tax free using the sec 121 primary residence exclusion.
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2 April 2016 | 12 replies
I prefer electronic followup, but you need to use the method that they prefer - if they exclusively text I text to checkin, if they're good over email I email.
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6 April 2016 | 19 replies
We pretty much do s-f exclusively now by choice.After you've owned rentals for 2 years, I think the banks will allow the income from them to count more.
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3 April 2016 | 4 replies
We are thinking of selling our house (an accidental flip) within the next couple of months (taking advantage of the 121 Exclusion) using the equity to pay off our debt, and the remaining to purchase an investment property (fix and flip) as well as a buy and hold for us to live in, and taking advantage of the 1031 exchange when we are ready to sell and purchase up.
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5 April 2016 | 31 replies
@Steve Vaughan is right on the money to tell you that you have an additional three years after you convert it to a rental to still take advantage of primary residence exclusion (2 as primary + 3 as rental = 5 total).
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5 April 2016 | 10 replies
These zoning regs don't allow more than two un-related adults to be on a lease in one home - unless it's zoned as a commercial property (i.e. apartment complex).