Question for the tax pros out there.If someone inherits a home from a trust after death of the owner, and the home is their primary residence, does the two year period to exclude capital gains on the sale of a primary...
Hi everyone! I have a 2 family property in the Detroit-Shoreway neighborhood and am looking to turn it into a MTR. My current property manager said he's not equipped to handle MTRs at the moment, and basically said i...
Hi BP,I am currently going through a mortgage refinance with a national bank on an owner occupied property which has a HELOC in the 2nd lien position with an expected closing date of Feb 25. At the time of applicatio...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $454,000
Cash invested: $22,700
3 bed 2.5 bath 2 story home with unfinished basement
What made you interes...
We have rental property in Phoenix, AZ and we are finally in a position to sell (i.e. We are no longer upside down). The lease ends Sept2015 however we just found out the roof needs replacing due to heavy rains over ...
Hey all,I work with a General Contractor, we’ve knocked out some pretty big house remodels and have a good team of guys. I’ve got my boss (and very good friend) interested in purchasing a property in the area and flip...
Hey guys can anyone help me with some advice with the 203k loan. Are there disadvantages on this loan vs other loans. I have a deal under contract and i dont have much skin to put in the game as far as down payment. ...
BPers,We have traditionally done a good job of staying on budget and on time with our flips, but our last couple of projects have definitely pushed us to a point where we need to implement some new strategies to impro...
Hey GuysThis is my analysis of a Rent ready Single Family House for Sale in this zip code: 21207. Can you guys give me Feed back about this. Thanks in advance.SFH for sale : 3 Bed,2 Full Bath -$100,000.00 ( Baltimo...
Rumor has it that Tesla is planning on something larger at that site. They filed the necessary environmental docs to expand beyond just car manufacturing there. Interesting stuff. https://www.bizjournals.com/au...