Chris C.
Homestead Exemption Ran Out (Residential converted to Rental)
Good afternoon,I got a loan on a condo and lived in it for many years while I had a homestead exemption on it. I moved out and rented it and forgot about the exemption. Recently the tax office sent me a bill for 2 yea...
Jennifer OBrien
1930's Stone Carriage House Converted to Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $50,000
Cash invested: $120,000
Sale price: $339,000
Old stone carriage house had substantial deferred m...
Craig Shrimpton
Converting from single furnace to four - chimney question
All,I'm looking at a four unit building that has a single furnace with four zones. The chimney is presently power vented through the wall as there is no chimney.If I add three more furnaces and power vent them like th...
Alex Bejenaru
Converting previous employer 401k to SDIRA or soloK
Hi Everyone,I currently have a 401k through my previous employer with about $65k and would like to put it to use in my house flipping business. Is it possible to self direct those funds towards my business in anyway? ...
Account Closed
Converted Primary Residence to Rental Property in 2015
We converted our primary residence to a rental in 2015 and purchased our second home which is our current primary residence. a) Are there any specific tasks that i should do like inform our first property bank or upda...
Elli Khafizov
Keep as 3 fam or convert to single?
Just bought a property in the Central Northside section of Pittsburgh. It is currently a 3 unit separately metered needs a full gut. 2 fam in main house and seperate unit in the back. I don't know if i should put alot...
Enrique Vazquez
Converting a Time Share building to regular apartments
Hello, I have a close relative with an issue on his time share. They bought it for all the wrong reasons and now are annoyed on all the fees they are paying. They have never used it. It is now a class C facility on a ...
Chris R.
Converting Landlord Paid Heat Equipment to Separate Metered
We bought a three family multi this summer in NH that was previously owner occupied for many years. The last owner provided the tenants hot water radiator heat via a single thermostat for the building that he controll...
Travis Fisher
Converting a SF home to a MF home.
If thinking of converting a home before you buy, is it possible to find out about zoning before hand? Or do you just buy and hope it will be approved?
Dan Gingrich
Converting primary to rental - timing for tax deductions
We're planning on buying a new house and converting current house into a rental. This will be our first rental property. Current house will need new carpets, baseboards, some painting, etc before renting. I believe...