Hi everyone,I am a new member of BiggerPockets and am eager to learn from everyone! My husband and I own a rental property and a primary residence. We are looking to buy a bigger primary residence to start a family. W...
Ive been trying to confirm the tax consequence of selling my rental unit and am so far astounded at the negative tax implications ive found. I purchased this unit in 2001 for $400k and converted it to a rental in 200...
Hello BP are there any lenders who work with the 203K loan who have actually issued one of these to an investor? If you are out there and have experience with 203k loan and how it worked out can you please share some ...
I'm in the process of purchasing an investment property in Austin, TX. Without lot of research I assumed if I lived in the property for 2yrs in the last 5yrs of the sale, I could be eligible for the exemption so I don...
Background info...I still live with my parents in Ca and I purchased an investment property April 2012 at auction. I purchased for 139,000. Eventually did a conventional loan (25%) and currently owe 90k. Similar ho...
I'm reading conflicting things regarding capital gains on rentals. According to the IRS site, it looks like one can live in a rental property for 2 of the past 5 years, even if that property was acquired as a 1031 ex...
Hi guys, Question about getting accredited investor status. If my current primary is worth over $1 million free and clear, and I buy another house that I will use as my primary going foward, does that mean my current ...
I'm considering selling my primary residence and moving out of state... yes I'm from the amazing overpriced California. Before making any decision I'm researching what are my options for minimize the tax implications....
Hi,
I would suppose there is something out there that may give me tax credits or similar if I opt to use solar power or another alternative energy at my personal house or my rental property, no?
Does an...
I have a single family house that was used as our primary residence, then held held as an investment rental after we moved into another home. The former residence was subsequently rented from 2018 to March 2021, when...