Michael Medaglia
Proving “Use” Requirement for Full Exclusion of Gain
My wife and I are approaching 2 years of ownership and use of our only home as our primary residence in which case we should qualify for full $500 exclusion of capital gains upon sale. The problem is she is not on the...
Freddy Neuhold
Recently married capital gains tax - I'm a citizen, my wife isn't
I am selling my primary residence in San Antonio, TX. My wife is Filipino and not a citizen of the US currently, we married in September of 2023.My question: While we've only been married for 5.5 months, can we qualif...
Dennis Adams
Should I rent to a possibly unmarried couple if only one has income
The couple claims to be married and the wife says she's been a SAHM for
10 years but a quick internet search shows them having seperate
addresses 2 years ago. I'm concerned that if the kids are hers, they're
re...
William George spear
Screening prospective tenants, pets
I am screening renters for 2 properties for the first time. I am collecting a application fee of $40 to run background check/credit report. How do you handle multiple people under roof. Non married couples? Do I colle...
Leah Ramsey
Is this a bad idea, what would you do
Hello all!I’ve asked This before, but not sure if I asked correctly so I’m going to try again:My guy and I aren’t married we don’t live together, but we do have a 5 year plan…We’ve been together 8 years.We want to get...
Wesley Pittman
Fair Housing Act and Students
Hello BP!I'm looking to build a student-housing niche portfolio in Reno, Nevada. My wife and I just acquired our first duplex a few months ago. It's currently occupied by undergraduate students but we would likely to ...
Account Closed
Newly weds
Hello,I was wondering is there such type of program that can help me to find newly married couples that would like to get a house?I got asked by my manager and doing my research.Recently I acquired rebogateway and the...
Lisa L Day
Application Fees: run and charge for both adults?
Hi community!
I'm starting my first ever round of applicants for my first door. If 2 adults are applying (not married), do I run background/credit checks on both adults? If so, do I charge the $38 (RentPrep smart m...
Jessie Duncan
Potential Tenant with Foreign Fiance
I am reviewing a potential tenant for one of my single family homes, and I've run into an interesting situation. I have an application from a couple who is getting married on July 24th. He is an IT guy with a stable...
Rich Thomas
Primary residence Capital Gains Exclusion
Hello-My wife and I are selling our primary residence which we have owned and lived in for 6 years now. I inderstand married taxpayers can exclude up to 500k in capital gains. However I purchased the home prior to bei...