Chris C.
Homestead Exemption Ran Out (Residential converted to Rental)
Good afternoon,I got a loan on a condo and lived in it for many years while I had a homestead exemption on it. I moved out and rented it and forgot about the exemption. Recently the tax office sent me a bill for 2 yea...
Rigo Medina
Homestead Exemptions on a Rental a no no
The home I owned turned into a rental for 4 years, but I did not cashflow. I could not sell it for the loan amount, so I rented it for 4 years. I never notified the appraisal district folks, that I was not using it as...
Joe Coyne
1031 Exchange + Personal Residence Exemption in One Duplex
Here's one for the community:I currently occupy one unit of my duplex, while renting out the other. I'm considering selling the duplex while it's still 50% personal residence. I'm looking at a total gain on the prop...
Bingji Wang
What does EXEMPT mean as County Land Use?
What does EXEMPT mean as County Land Use? The following is captured from a parcel of Howard, Maryland .
Mike B.
Texas low-income property tax exemption - Leander, TX
As a new suburban Austin landlord, I'm in the fortunate position of seeing my 1st rental property and new primary home nearly double in value within this last year. It is so weird to have experienced the massive run-u...
John Lee
Am I exempt from FHA's service dog policy?
A tenant wants to bring in a service dog in my two unit building. I live in one of the units. I read that I may be exempt from being required to allow a service dog request since the building has less than 4 units and...
Arnuv H.
Are condos in Oakland exempt from Rent Control?
Hi All,I am a newbie here and is interested in investing in Oakland. I am seeking help with the following questions regarding a property i am considering to put an offer:1. Are condominiums in Oakland exempt from Rent...
John Powell
Legal - AZ homestead exemption and renting personal room
To all the lawyers out there, how does renting a room month-to-month or 6 months apply on personal property affect homestead coverage and liability? Rentals are straightforward, but this is more of a it depends on qu...
Chris Suttman
Florida Homestead Exemption - What if Property Value Decreases?
Having a Florida Homestead Exemption limits your property value for tax purposes to +3% of previous year value. What if the property value decreases? For example... You buy a primary residence for $300k. The housing m...
Edit B.
Property Value / Delayed Financing Exemption / Cash Out Refi
I've read Fannie Mae guideline on this, but am recently confused after speaking with a few lenders. According to the DFE on Cash Out Refi, if a property is purchased in cash;1.) 6 month seasoning period is not require...