Hannah Leas
Capital Gains Tax Help on Primary Residence
Hey Bigger Pockets Network,I purchased a home (first home and primary residence) in August 2016 for $135,000. I put in about $10,000 of renovations. This home was located in Vancouver, WA.In July 2017 I sold the home ...
Michael Shadow
Sell your house to your llc then rent
Has anyone ever sold their primary residence to their LLC and then rented their home back from their LLC? I was thinking this could have some fantastic tax savings by expensing home maintenance/utilities/insurance, e...
Alex Gronbach
1031 Exchange & Section 121 Questions (TX/CA)
Hi BP!
I’m in the process of selling a property which I lived in for two years when I bought it in 09/15 and then have rented out since 01/18. I currently reside in CA, and the property is located in TX. I am selling...
Mary Jay
Second home on a duplex out of state?
Hi guys,I am trying to buy a duplex out of state. I wanted to buy it as a second home but my lender is saying that since I do not live/work in that state plus it is not a single family, the only way I can buy it if I ...
Shak Amir
Defer paying taxes on selling primary residence
Hi all,
A friend of mine is planning to sell a primary house he bought many years ago. He bought it for 400 and spent 100k on it and now it is appraising for 1.4 million. His total profit will be around 900k.
I thi...
Nicholas A.
How many realtors to reach out to
I am trying to invest in a certain market and I am curious as to how many realtors i should be reaching out to and trying to establish relationships in that particular area. Can I just go crazy and just contact all of...
Chris Martin
No HUD sales... for how long?
Since we can't bid on HUD properties for the time being (in NC, SC, IL, IN, VA, WV) does anyone know when HUD sales will be back in business? All HUD properties were withdrawn, because of a change in the asset manager...
Ian Middleton
Small Dogs in SFH Rental
Hey Guys, I have a SRF with a stable family who've been living there for about 18 months now. They have recently requested to get a small dog and I am in a quandary about this. My inclination is to allow this provided...
Mike Bell
retail center
I have a retail center Mini Mall. The center is full, with the exception of one 1850 sq ft space. I was approached yesterday about the space. He wants to open a T-Mobile ceel phone store. I do have another cell ph...
Daniel Sob
Broker arrangements Raleigh/Durham
Hi All,I'm looking to start inverting in Raleigh/Durham area and had question regarding broker arrangements. I know these types of things tend to vary by market, so wanted to better understand how this typically works...