Hi BP community,
I understand that the primary residence capital gain exclusion requires that you have lived in your house as primary residence for 2 out of the past 5 years. Does it mean that I have to have owned th...
I am a seasoned owner, property manager that has found a deal worth looking into in SFL area, looking for a Partnership.
Hey BP,Little new to the HUDHomes process but I've heard some success stories when dealing with them. I'm looking at a house that is listed on the MLS but the listing gave me information to go to the HUDHomestore. I w...
This is my first post so forgive me if this wasn't the correct forum to post this question. My friend and her adult son have lived in a SFH together for about 20 years. During this time it has appreciated from about...
Starting out on a new venture in Nevada, any advice on good sources of Seed Capital that may be exclusive to Nevada?
Is the 121 exclusion a federal tax law or a state tax law. Someone asked me this and I always just assumed it was a federal law. If this is the case, would you still be subject to the state capitol gains tax.
I recently started to look at properties in the Atlanta area, where I intend to do multiple purchases within the next year. I do not live there nor am I from there, so I had a buyer's realtor, whom I recently met, tak...
Hello,I'd like to build a new home every two years and sell it, to take advantage of the capital gains tax exclusion. But what are the limits and tests I have to pass? I'd like to sell each home and repeat the proce...
Does anyone know if there are any 'hardship clauses' or anything that would allow for a deadline extension of an IRS 121 Exclusion? I am selling a house that was my residence and I need to sell it before August to qu...
My parents have recently left their home to my sister and I. (still alive and well :) However the paperwork for the Claim for reassessment exclusion for transfer from parent to child was never submitted. I am just fin...