Fred Hamilton III
Working with an agent
I'm a newbie and I've found an investor friendly agent to work with. She wants to be reassured that I won't close a deal on leads she will send my way. What can I do to give her piece of mind and build the relationshi...
Dylan Baxter
Determining eligibility for a Partial Exclusion of Gain
My wife and I have lived in our current home since 12/15/2020. I bought the house before we were married, but she has lived with me since day one, which is documented on the insurance policy. She is a physical therapi...
Spencer Fuller
House Hacking, Section 121 Exclusion, & 1031 Exchange
Hello,I would like to understand how the section 121 exclusion and 1031 exchange could be applied to a 3 bedroom condo that I own. I lived in the condo as a primary residence for two and a half years, so therefore qua...
Cliff T.
Need advice on how to convert a primary to investment property
Hi BP-
Looking to get some advice on the best way to convert my primary residence to a rental property. In short, I purchased the property in 2013 for approx. $420K and the value is now closer to $475K. I would prefe...
O'brian R.
Working with RE Agents
Just want to preface this by saying this is my first time working with any real estate agent so I'm wondering if the relationship I have with my agent is typical or not. Additionally, I'm investing from out of stat...
Dave Currence
renting out what was primary residence....1031?
The scenario is this....Purchased a condo in Manhattan in 2006, it served as our primary residence until October 2014.Since October 2014, we have been renting it out. Basic question is...at what point, if any, would t...
Jess Anderson
Help! Complicated capital gains question for experts
Ok help me! I have a very complicated capital gains tax question. We purchased 2 duplexes (bldg A and B) on the same lot for $500k in Loveland CO. We have since been going through the approval process to split off on...
Luke Carl
Buy an Airbnb for only 10% Down
Truth be told I stumbled upon this because i'm about to get an appraisal to drop the MI on a second home I purchased a few years ago that I have been Airbnb-ing since day one.
While it used to be unspoken, The Fanni...
Esther Rosenberg
North Carolina Rentals- Liability Insurance Coverage including Pet Coverage
Hey,My rental property is in North Carolina (Wilmington).It is time for me to renew my homeowner's and liability insurance policies. My current liability policy is with USLIC. On the renewal policy, it lists a couple ...
Marcus Summa
Does a "subject to" deal forces a reassessment of the property?
I am considering buying a house on a "subject to" transaction but there is one big aspect of this transaction that can make or break the deal.Does the house get reassessed? If does, the new property taxes will kill th...