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Results (10000)
Trina Pugmire 1031 exchange? Sell triplex after only 6 months of owning it?
10 October 2017 | 6 replies

We purchased our triplex in April of this year for $260,000, we put $41,000 into it for the remodel. Our plan was to live in one unit (house hack) for 2-3 years and then rent out all three units for the cash flow aft...

Daniel Lozowy How do you close on an Off Market deal? Step-by-Step process
18 February 2020 | 17 replies

Please guide me through the process of closing on an off-market deal. The owner is interested in selling. Now what? How do I make an offer? What documents do I need? Anything I should know? Does and Don'ts?Thank you

April A. 1031 Exchange
17 May 2015 | 16 replies

The time is finally here. I am ready to sell my primary residence, a duplex and purchase 5 or more units. I am considering doing a 1031 Exchange but I was wondering if all of my equity has to be used towards the new p...

Kade Honaker House Hacking Tax Write Offs
8 February 2018 | 2 replies

Is there anything I can get a tax write off on if I am house hacking such as repairs or maintenance? Can I depreciate the property considering it is in my name and not under a LLC?

Joan C. New Joint Tenant Worries
8 December 2014 | 0 replies

Hi,I rent my 4 bedroom house to 4 guys, joint and several, two of them left earlier, I have the remaining tenant screen the candidate first, then I qualify the prospective tenant with my rental criteria including 3 x ...

Wil Cooper House hacking and taxes
28 October 2020 | 5 replies

Hey everyone,I’m purchasing a duplex in Portland, OR with an FHA. Property here is quite expensive, but even with PMI and a high mortgage the payment after rent comes in will be less than renting in most cases. Anyway...

Mary Jay Selling half of the house that is a primary residence
15 May 2022 | 5 replies

Hi guys,So I am buying part of the property (the other part my boyfriend will own).If later on I will decide to sell my portion to him, lets say for a bigger amount of money than I purchased it for, will he have to pa...

Frank Visaggio House hacking primary residence tax implications
5 April 2021 | 3 replies

We bought a rambler where we got a permit to build a 2nd kitchen on the first floor/basement.

We are plant to rent it to a family member for a below market rate but even if we rented it for a market rate the rent ...

Reese C. HOA Foreclosure Redemption Period
20 September 2016 | 0 replies

We are looking at potentially purchasing a HOA Lien and had a question about the redemption period. If a lien holder steps up to redeem after our purchase, how much would we be entitled to using the example below? Als...

Justin Skinner Trying to understand tax situation, would love perspective
24 April 2017 | 16 replies

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...