Hello BP guys & gals, I have a quick question regarding homestead exemption on a house hack property. I am currently house hacking in Orlando Florida; 3/2 SFR. This is my first time owning a home and it is my prim...
I am interested in a property near Chicago where the areas average property taxes are 5-7k, but, the current owners taxes are 1200$ bc of homeowner, senior exemption.
If you gain control of a property throu...
I don't study legislation, but am curious as to whether there is any discussion by lawmakers around an updating of the nominal dollar amount ($500,000 for married couples filing jointly and $250,000 for singles) on th...
Hi All,I am structuring to acquire a 3 unit property in FL where the current owner will continue to live on the property for free and I will rent out the remaining 2 units. I am deciding between a master lease agreeme...
Quick question for Texas investors.... I have recently been informed that, the great state of Texas, offers reduced(or exemption) property tax rates for disabled veterans based on their VA disability rating. My quest...
There's one piece of DC rent control laws that I've never quite been able to figure out.
If I qualify for the small landlord exemption, can I increase the rent after a tenant goes month to month to whatever I want (a...
So the situation is my wife and I both owned houses before we got married and I believe we both would meet for two out of the last five year resident test. Can we both use 250 K exemption on our individual properties ...
Here is a link ( https://www.fanniemae.com/content/guide/servicing/d1/4.1/02.html) to Fannie Mae exemptions to "Due on Sale" clause that includes the following: transfer to a limited liability company (LLC), provided ...
Generally speaking, in my friend's state a primary residence property is exempt from property taxes due to the owner being a disabled veteran. Can that person quitclaim their deed into an LLC and still be exempt from ...
Hello, I was looking to do a Penfed Heloc on a Houston investment property I have. But I was told a requirement from the mortgage consultant that does not make sense at all: the property must have a Texas homestead ex...