Marzieh Rostami
Property taxes on primary residence
I have read that if I have lived in my house for two of the last five years I owned it then I won't have to pay taxes. Well I have lived in my house for two years but I've also only owned it for two years not five. Do...
Caleb Graham
Buy Now or Wait? Managing Rental Properties After an Out-of-State Move
So I’m planning to move 1,000 miles away from my hometown in approximately two years. This move is a dream for both my fiancée and me, so it’s not something we'd reconsider. I’ve been actively making offers on duplexe...
Adam Matlock
Avoiding Capitol gains
Can you/I sell a house before two years and not pay any Capitol gains?I heard that if you re invest all the money's from a sell back into real estate, if you sell before two years that you are not subject to Capitol g...
Kathryn Bowden
Brand new remodel versus 2 year old remodel value
We are considering staying in our current flip for two years. We like to have a two year flip going along with other flip projects, to take advantage of the two year rule as often as we can. The more we fix this one...
Allen Lopez
Should I increase the rent?
So I have had an amazing family as my tenant for the last two years. When I posted the house to rent it out, they were the first to want to get on and I was going to charge them $1700/ month but I gave them the option...
Mitch Rice
DTI & The "2 Year Landlord Experience" Rule?
I'm a new investor and am just now building up my portfolio. I converted my first primary residence into a rental back in October of 2014 so I have only been renting it out for 6 months.I'm purchasing another in a few...
Indra H.
Any ideas on creative financing
Hello fellow investors, im looking for your advise as this forum is full of experienced and creative real estate genius. my family composition has recently and suddenly changed, so I need to move to a different home. ...
Thomas Hart
Primary residence exemption on two properties
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 ...
Richard Townsend
Capital gains exemption
I rented out my primary residence for the past two years, but lived in it for the three years prior to that. The tenant has moved out, and now I am considering selling it. Does the fact that it was recently a rental i...
Jose D.
Will a tenanted property count towards my DTI ratio?
I know to count rental income it's two years, but I don't really care if lenders don't count my cash flow as income. I'm more concerned with whether they will still count my mortgage payment as debt even if it's a ren...