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...

Hey all, I was looking into doing a 203k FHA on a duplex but dont want to sell my primary residence (I'd actually like to airbnb it while we're renovating) Could anyone tell me if FHA has a problem with something like...

Hi Guys!I have a client who lived in a SFH in Pennsylvania from June of 2013 until Feb of 2015. He then found tenants to convert it into a rental property and has been a rental property for him since April of 2015 to ...

I stumbled across an interesting possible loophole, and am curious if anyone knows the legal aspect behind this. I was planning on purchasing a property and house hacking during college, and the numbers just weren't w...

I have a single family residence that I initially purchased as a primary residence, then rented out for some years, and now use as a primary residence again.  During the period as a rental, I depreciated approximately...

Hello BP Community,I am looking to move from my current property to a new one in a different state. I currently hold a FHA loan on my first residence and I would like to house hack in a new city. I have talked with lo...

I hear that I should utilize cost segregation to calculate my depreciation in this first year of renting, but every calculator I find starts with the question "How much did you pay for the house?". I bought a new hous...

I purchased a house back in Dec 2012 that was my primary residence until Oct 2015.  Since then I have been renting the house and have decided to sell.  The house is 2 hrs away from my current residence and I am lookin...

A current homeowner (5+ years) asked me if he'd qualify for the $6500 tax credit if he were to buy a duplex.... he plans on using it as his primary residence on one side and renting the other. Since this would be hal...

Hello everyone.

I have a few quick questions about the first time home buyers tax credit. I am a college student looking for a place to live permanently until I finish up my last few years of college. Since the tax c...