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A friend just told me he is getting a divorce, and they have owned their home for less than 2 years. (February 2016 purchase date.)How does divorce affect Capital Gains on this purchase? After one year, it's long term...
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There’s a set of 17 units where I live priced at around $750k. Under the Terms section of the ad it states “cash, conventional loan or FHA Loan and seller is willing finance 2nd.” That all sounds great except for the ...
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I have been seriously looking at a specific listing on the market for a while. I believe at one point this was one house on one property, and then the owners built another house on the lot and separated it into a sepa...
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Hi all.I have been running a profitable business since 2012. We had one huge client who was a large portion of our revenue. We were a little too comfortable with this income, since the facilities manager we worked wit...
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If I buy a place and live in it for 18 months, rent it out for 6 months, and then live in it for another 6 months before selling, would the full gain (under $250k) be eligible for exclusion or would I need to take a p...
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BiggerPocketers, My name is Nick. I'm moving back to Manhattan from abroad in about a week. I'm looking to house-hack via FHA (3.5%) immediately. Ideally, I'm looking to land a multi-family in Brooklyn with 4 units + ...
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So I am trying to rent out my first sfh. I showed it today to a gentleman who stated he is a disabled veteran and has a service dog. I stated, pets are allowed. However there would be an additional fee of $25 per mon...
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This hopeful 35 y.o. tenant paid to run a Rentprep report, the full one, and it turns out he has $84,000 in debt that he didnt mention on his original application. Rentprep said he has balance overlimit on a bankcard ...
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Hi everyone,I am looking to invest in out of state real estate. Currently in CA and looking at Nashville area. Looking to do house hacking via FHA loan. Ideally would like to look into a multi unit property so I can h...
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Hi,I am a still a small time investor and still work my W2 while I try to build a portfolio. I am currently running into an issue with some lenders which prevents me from acquiring financing. I own an investment prope...