Hello all,
First time posting here. We are not first time home buyers but have three single family homes ( rental) properties in California but want to buy our first apartment complex out of state for generating ca...
“Well you can always just state your intent is to make it a primary residence. Once you get the property then whatever, life happens you may change your mind if you catch my drift” - this was followed by a laugh.
...
Hello!I bought a property and ended up moving out shortly after due to unforeseen circumstances. I hired a property management company to handle the lease/collection. The lease is now up next month. I was going to dro...
I have a couple questions related to the tax benefit of selling a home you've lived in for 2 of the last 5 years.1. If there are two names on the title of the house, do both of the owners need to live in the house to ...
Hi everyone and thank you in advance for any advice you may have.I have a situation where I purchase a house 6 month's ago for a family member,my daughter,to move into.I applied for and received permits to do construc...
Hey all,
We are wanting to move to a different area of Orange County by year-end and are considering renting a place on a 6-12month lease. We currently co-own a condo with my parents and we occupy it - my parents are...
I just picked up (3) BRRRR's in the past 2 months. One is being rented tomorrow (11/28/20), 1 will be ready January 1, and the other February 1. The 2 houses that are still under rehab are already being sought after a...
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...
I just moved home and living with my parents so I have no primary mortgage. I just completed my first BRRRR deal last month and about to complete rehab on it next week. I bought it for $87k with 25% down pmt (21.7k)...
Good morning BP - my business partner and I are getting ready for our first project. We have everything lined up except for an insurance provider. We are targeting a low end flip to start looking to get in and out a...