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Hello, I have a single family home in Echo Park (Los Angeles, CA 90026) that I was gifted and is owned outright. The property is not habitable because it needs a full make-over, including foundation, roofing, electric...
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If the property sat vacant for most of 5 years do I owe capital gain taxes or not?Here is requirement on intuit site in order not to owe capital gain taxesYou owned the home for a total of at least two years in the fi...
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This is what my current situation looks like:I live in one side of a duplex and have been struggling to get qualified renters for the other side. Even after lowering rent and being a little flexible, I am still paying...
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https://www.youtube.com/watch?v=N93hMTBPRbc (Warning, there is strong language in this video)My friend recently showed me this video of a situation between two tenants in what looks like an apartment complex. One cl...
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Background first
I financed my first house 12 years ago. It is a 3 bedroom and 2 bathroom house and is a little over 1000 square feet. It has the biggest back yard in the whole development. Good neighborhood....
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Hi BP - I am living in Boston and working for a startup out of my home office. I am Canadian working on a visa and I am beginning the process to obtain a green card. The last piece needed before submitting for a green...
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So here's my situation. I've turned the basement in my personal home into a separate living area. It has a kitchen, bath, two bedrooms and an outside entrance. My brother and his family live there and pay me monthly. ...
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Hi, my first BP post and I need some input, understanding and directionSituation: in a down 2010 market I purchased ONE piece of property with TWO HOUSES in a very desirable area of Orange County CA. All utilities are...
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Hello everyone,I recently purchased a property in Vero Beach, FL for $129,700. The neighbors across the street want to buy the property from me as-is for $145,000 for their parents. The house is a 2006 and just needs ...
After moving around the country for work for the last several years, I moved back to the Atlanta area and ended moving in with a friend. After a little over a year of sharing space, we realized that we're just not gr...