Here’s the skinny:I am a veteran with a VA loan for a fourplex in which I reside in one of the units. I have lived here for three years, meeting the 2/5 year requirement for Section 121 Exemption. I am considering the...

Hi All,I presently own my primary home with a conventional mortgage (we put 20% down 2 years ago) and I am now looking at starting to get into real estate investment in San Antonio. My plan is I would like to buy a 4-...

Can someone please explain the IRS rule that allows homeowners to avoid paying taxes on up to 500k in profit from selling their primary residence? Like what is the specific criteria that this deal and property has to ...

Will I still have to pay long term capital gains tax? (just closed on the sale)

I am filing my taxes using TurboTax Home & Business and I'm filing later than normal specifically because of this issue that the TurboTax hotline has been unable to help with. This is probably the last year I try ...

Hello Everyone,

I have heard a lot about using $10,000 of IRA money penalty-free on your first home purchase. I have an interesting question that hopefully one of you can answer. I am currently under an unbreakable...

Hello!
I am new to the real estate investment scene and am looking to purchase my first property, however my financial situation is a bit perplexing so I am curious to hear the community's thoughts! My partner and I ...

I currently have a property and am thinking about doing a 1031 exchange and have a few questions. I will explain the situation a little bit more. If it is a possibility I would like to maybe take a small amount out fr...

I am closing on a personal property at the end of August. I am going to move all of my stuff over then list my current home. Can I still do a 1031 exchange?

My tenant is interested in buying a single family home that has appreciated quite nicely since our purchase. The numbers don't make much sense any longer as a rental should he leave or we were to refinance.  I can als...