Can anyone tell me what happens if a home has been renting out for just over 3 years in terms of the capital gains exclusion. Do you lose the entire benefit or is there a sliding scale. Let's say you're trying to deci...
I bought my first house in 2015 for 91k and moved right in. It was bank-owned and I bought it cash. It is now worth about 250k. I'd like to move to a different town and rent out that first house (both in Oregon). I'm ...
When contacting a commercial broker/agent, what is the best way to pursue the relationship. 1. Is it common to have a "normal" Exclusive Buyers Agency contract or is it more common to simple get on a buyers list?2. ...
Can anyone recommend a Washington State CPA specializing in capital gains? I am about to get laid off and may need to sell my house. I need to speak to someone to see if I can qualify for a capital gains exemption.Tha...
I currently have a house 3 bed 2 bath in one of the best neighborhoods in Cincinnati. I paid 325k for it with 5% down in June 2023. Comps for this house fixed up are now trading in the 5's.. My mortgage is 2.8k and it...
My brother and I have flipped 2 homes exclusively doing all the work our selfs. I also personally own a home that should net me around 60k when it sells. Were about to purchase a home ( for 47k and tax assessed at 16...
I live in one unit of a triplex which I own (i.e., House Hacking). Both this property, and another property that I own are in a single member LLC, of which I am the sole owner. Because I have been staying for "free"...
Hi everyone - I am working with some investors & found that I am being faced with the problem / pressure of reducing my commission as they say they are going to buy / sell several properties with me & will not...
Has anyone else watched this limited series? "Roommate Wanted" is a two-part series about Jamison Bachman and how he became a roommate and then wreaked havoc on people's lives. This should be mandatory watching for an...
So, I was talking to a friend who is looking to help her father sell his house. He's owned it for many many years and it is in a nice area. The plan is that he will buy a smaller condo for himself and probably another...