Annie Balagot
Help with home sales strategy - What would you do? need advice
Hi BiggerPockets pros, I need some advice on what i should do. We live in a very desirable town 30mins outside NYC with great schools. My primary home, if sold, is prob worth around $2M and we only have $700k mortgag...
Jessie Keating
Bought the book by mistake, but now I am fiercely dedicated
Hi everyone! My name is Jessie and I live in Arizona. I was looking to educate myself in house flipping, so I went on Amazon and looked at the top rated books on real estate investing, not noticing the Bigger Pocket b...
Jessica Griffith
Should We Sell or Hold Off?
First post here! We own two properties:
-Our primary residence: $345K left on mortgage (about 28 years remaining since we refi'd 2019). Current rate is 3.875%-Rental home: $225K left on mortgage (26 years remaining s...
Joe Caiola
When does it make sense to sell a rental property?
The home has appreciated from $315K in 2016 to ~$450K in 2019, and my rent is cash-flowing positively. The area has exploded with development and growth, but as more and more new properties flood the market, I'm not s...
Ron Read
SDIRA Disqualified Person
I'm looking to purchase a piece of single-tenant commercial real-estate in my SD-IRA. The single tenant is a business which myself and my wife own a silent 1/3 stake in. Our partners are unrelated third-parties whom...
Anderson Morgan
First Flip Near Complete. Need Advice
I purchased a single family home 1 year ago in July 2015 for 64k with a 15 year mortgage. I originally was just intending on fixing it up for my girlfriend and myself to live in and have a cheap monthly payment, but ...
Joseph Henry
To rent or to sell
Primary home is valued at $850k (purchased at $450k), with less than $20k remaining in the mortgage. It will be paid off in the next 10 months. I could rent it for $3800 and net $2800 after expenses (after the mortgag...
Carlos Ptriawan
Sec 121b5 exclusion loophole
I'm surprised after reading this article:https://www.accountingweb.com/...Basically, if you have rental (or primary -> rental) and turn to primary, and then sell the property after live there for two years, the non...
Frank Rubino
1031 on two family house
Here's my situation:I purchased a two-family house in 2016 and lived in unit 1, while renting out unit 2. Then in February of this year, I moved, and started renting out unit 1 as well.I want to sell the house and avo...
Thomas Hart
Primary residence exemption on two properties
So the situation is my wife and I both owned houses before we got married and I believe we both would meet for two out of the last five year resident test. Can we both use 250 K exemption on our individual properties ...