Hi,My parents recently transferred their paid-off primary residence (SFH) to me via quit claim deed. My original intent was to rehab the property, hold it out as a rental and open a HELOC on it to access the equity. H...
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Hello all! I have read through the IRS documents in this subject and can’t come to a clear consensus. Here’s the situation: I and my spouse got married in our thirties and both owned a residence. We got married Decemb...
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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.
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Hi, I'm looking at a a new realtor and he asked me to sign an exclusivity agreement and in it compensation to the brokerage is $350 and 3% with a minimum of $3500. He states it's because of that new lawsuit with the s...
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Question for the tax pros out there.If someone inherits a home from a trust after death of the owner, and the home is their primary residence, does the two year period to exclude capital gains on the sale of a primary...
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Hello, this is my first post on bp. Here's the story.
I have a single family home that was first a rental for 2 years, then I moved into the house a year ago. I plan on living in the house for another year then selli...
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I'm direct with seller. Wholesalers are welcomed 9045130229Let's work!!!
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I owned two homes until recently. I bought the first 4 years ago, sold 3 weeks ago. I bought the second 15 months ago. By selling the first house only 3 weeks ago, did I just reset the clock by 15 months until I ca...
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Can anyone refer me to an agent (or wholesaler) who specializes in investor based, undervalued properties? I am open looking for someone with great knowledge of the Ventura county and Northwest Los Angeles county area...
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Hello BP,I am doing my due diligence and researching to buy a duplex and house hack.Specifically, it would be a Single Family Home with a detached Granny Flat, purchased with an FHA Loan.My plan is to live in one of t...