I'm thinking about moving in a few years. I would like to sell a couple of my investment properties and 1031 into a new house. I would in turn rent this house out for a minimum of one year and a day at market rates ...
Commercial broker wants standard 6% and to sign exclusive listing. I already have a LOI that needs negotiation. What are ways to get out of an exclusive contract?I also have another broker that will do it for a flat f...
I am looking to build a duplex or triplex. I will be living in one of the units. I plan to use a fha loan to build if I can. Would I be able to put the property in my business name since I'll be living in one of the u...
Hi all,
I'm working on my buyers website, and I am toying with the idea of making the property listings exclusive to investors that signed up to be on my buyers list.
My question is: should I take this approach, lis...
Hi,
I'm an aspiring investor and a software engineer. I've built a service that contacts (via text message) pre-foreclosure prospects. About 1% of the prospects become leads (they respond with something showing actua...
Consider I buy a property and rent it out. Then sometime in the future I occupy it as an owner for 2 years and then sell it off. Would I receive the full $250K profit from selling the property as tax-free money?
Hey everyone!
A listing from HUD popped up in the area in which I was looking for my first property (in NJ). From the website, only brokers who are registered with HUD are allowed to place bids on my behalf. There's...
Question on Gifts and taxes. I have a client, whom has parents willing to gift ~$100k. I understand that the annual exclusion per year is $14k; could you help me understand what this estate tax lifetime exclusion is a...
I have a quick 2- part question for a friends guys. They had last minute orders.
I remember reading somewhere that if you move in less than 2 years due to military orders or family circumstances you could divi...
I purchased my first primary residence in Florida in November of 2015 for $79,000. I then had to move due to military restationed me to Texas on May 2017. I have had my house for sale for almost 6months, got under con...