Michael Medaglia
Help! Partial Exclusion for Sale of Home no longer suitable
Hi everyone, my wife and I have been scouring the internet for answers to our predicament but cannot find an answer. Here is the background:I am seeking advice on whether my wife and I can make a strong argument for p...
Chris Mulvey
Ethical question
I'm listing a property in Florida and I had a question that I hope someone here might be able to answer. I don't live in Florida, so I interviewed some RE Agents and two them stood out to me. Can I hire them both? Is ...
Kaveh E.
California LLC Fee when selling a property.
I am considering forming an LLC just to hold residential real estate for liability protection. I would quit claim a deed from my personal name to the LLC.-When I sell the property, would I be paying a tax on the prof...
Neil Smith
Deferring taxes on profits from sale of primary residence?
I have a potential client who owns a home in Boulder that is their primary residence and it worth ~$1.3M and they have >$500K of equity in the property. They're wondering if they sell and put all of the proceeds of...
Alan Faitel
the rule about 2 out of the last 5 years rule? IRS
My accountant is worried about my home being sold some day, and the rule about 2 out of the last 5 years rule?
I'm looking for some help with the IRS rule 262 Or Publication 523.
I've owned my principal residence ...
Elie Skaf
Vacant home insurance for a flip in Montreal area
Hello fellow Canadian investors, I am about to close on my first flip in Laval, Quebec and was wondering if any of you had suggestions for finding a decent insurance company that will provide insurance for a vacant pr...
Angelica Vargas
Selling a House - Picking an Agent
Hi everyone at Bigger PocketsMy family has decided to sell our 2 family house in Queens. I have a bunch of agents interested in selling the property. One of them wants us to sign an exclusivity agreement. I'm not oppo...
Will Sifert
What is the going rate for purchasing wholesaling leads?
I see a lot of people here have websites named stuff like "SellYourHouseFast-YourCity.com" which I assume most of you just work in a specific area. I have a lot of experience internet marketing and was thinking of bu...
Maurice George
HUD willing to accept lower for Owner Occupancy than Investor?
Hello BP Pros, I am looking at a HUD property a few days ago. This property needs very minor (less than 3K work). It is considered a upper middle class neighborhood. This property's asking price is 245K (the comp is i...
Andrew Clark
Primary Residence Capital Gains Tax
Needing some advice on capital gains tax.. I will be selling my current primary residence in a few months & moving over the proceeds to my next home. I will only have lived there for 10-11 months by the time I mov...