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...
Hey BP my mom is thinking of the future and eventually selling her home, it's worth about 1.5-1.7 million. I was wondering, for a 1031, is possibly to spilt it in 2 two properties? Let's say 2 750k properties? Or must...
signed right to buy contract then found a fsbo on own and made offer on own. Am I still obligated to pay commission to agent who did nothing.
My wife and I purchased a duplex in July 2016, lived in it for 26 months before using it as a full time rental, and sold it in September 2020. Our accountant has stated that because we claimed it as a rental the last ...
Guys, looking for some advice.I've been working with a Seller to list her property. It's a long story but she was in a legal battle so I've been doing inspections on the property once a month for the last year. Some ...
Hello!I am relocating to another state for a new job and am trying to decide if I want to sell my home and re-invest in something up here. Some final facts I need to make a decision are the tax implications, any help...
Hello! I have a 3bedroom single family house that is used as an Airbnb listing, I had a Safeco homeowner insurance which my agent told me it can cover the short term rental. However recently I reviewed my policy and f...
Thank you to everyone who takes the time to read these posts and share their experience.
My question is what would motivate a seller to use seller financing to sell their primary residence using seller financ...
I'm hoping that someone can help me figure out a tax question related to capital gains. This is really a two questions.
I've been reading about the exemption from capital gains if you occupy a primary residence for ...
Hello everybody. I need some advice from the BP community.A realtor has started to work with me to find a deal. We have already scheduled a viewing this weekend. Then, this morning I saw a wholesale post that could f...