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Hello,
Hope everyone is doing well during these testing times!!!
I have a question regarding Homeowners insurance vs DP3.
We have moved to our new home and wanted to rent our old primary home. We are ready for Home...
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I have a question for anyone familiar with the tax laws involved with capital gains tax.My father in-law has been scrambling to get his second home ready for market to sell this year because he believes he will have t...
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I am under contract on a new home that will become my primary residence. I was initially going to use the proceeds of the sale from my current primary residence to repay myself my down payment (currently coming out o...
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Investment Info:
Single-family residence buy & hold investment in Flower Mound.
Purchase price: $355,000
Since we are relocating from MD to DFW, TX, due to pandemic, we chose to buy house remotely. T...
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Hello all,I spoke with a mortgage broker today in regard to purchasing a home in FL for my retirement in approximately 9 months. He had told me that I’m not qualify for primary residence due to me not living within th...
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Did you know that you can rent out your home for up to 14 days per year without having to report the rental income on your tax return? Section 280A(g) of the Internal Revenue Code is also known as the Augusta Rule. It...
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I'm looking to turn my primary residence into a rental when I move out. The previous owners did not take care of the landscape and it has been difficult bringing it back to life (front yard and back yard). I am curiou...
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Hi, I'm trying to figure out what to do with the homestead exemption and how it applies to my situation. We owner occupied a home for 2 years and had the homestead exemption on that property. We then started renting i...
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Hello BP community!
I was wondering what the pro's and con's were to investing while renting and owning later? Basically, I'm curious to find out if I'm missing out on something by next making my very first purchase ...
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Hi all,
First post! New to the real estate world and trying to maximize profits from the beginning... I appreciate the help!
I currently own 1 single family property and have almost reached the 2 year mark. I have b...