My town has a high supply of lots that are Zoned for two Families. Rental market is super tight currently and any duplexes that hit the market end up in a bidding war.
Single family properties are not selling all th...
My wife and I are looking to move into a new home. We are considering selling an investment property and converting our exisiting primary home into a rental. We would need to use the proceeds from the rental sale to...
Hey everyone, Just bought a duplex in the historic district Fox Park, my plan is to convert it into a single. what is the procedure that i'll have to do, i mean step by step. (architect planner / permits etc...) that...
In the future I plan on converting my home into a rental, I'm currently in the navy and I think utilizing the VA loan would be a good tool to get started in rental property investing. Looking for any tips or insight t...
Are there any rules/laws to look into in a city/area on taking a single family home and converting it into a multiple student housing rental? Where should I look?Thanks!Dustin R
I am placing a house into full time short term rental to try it out. But what are the tax consequences if I discover it is not as profitable as originally hoped and convert it back into my primary residence the follo...
I own a 2 bedroom, 2.5 bathroom townhouse in south Aurora IL near Naperville. I am currently having the kitchen rebuilt (insurance claim) and first floor flooring, and then it will officially be our first rental. The ...
I currently have one permitted detached accessory structure and detached garage on my property. Ideally, I would like to create a JADU + ADU combo unit, preferably by replacing the garage. I certainly have the room fo...
I converted my primary residence into a rental December of 2022 after buying a new home. After a mediocre year of renting we've decided to sell. Will we owe capital gains tax on the rental property after just one year...
We have a stable multifamily property with 3 units. Not section 8. 1 unit will be vacant in 2 weeks. PM has asked us to consider sec. 8 as there is someone interested. We want good tenants, stability. We also kno...