Leah Dockter
Converting from a 1031 to a Section 121
If a partnership does a 1031 exchange into 2 rental homes and then decides to distribute them to the partners can the partners qualify for a 121 each? This is assuming each partner lives in a house for 2 of the 5 yea...
Varun Parkash
4 Property : Primary/Vacation (Husband-Wife - Separate buy) Poss?
The scenario is as follows:Husband - only on initial 2 properties mortgages with bank. Wife currently does not have 2-year work history & not on mortgage.1. Husband owns 1 property solely and only on his name as h...
Claudia Fernandez
1031 Exchange on FHA property?
I am selling a 2 family I had purchased with an FHA mortgage about 4 years ago. I lived in the property for 2 years but now its just an investment property. Am I able to still do a 1031 exchange when I sell it?
Takahito Torimoto
How to re-classify a Primary Residence as an Investment Property for 1031?
If I had an investment (STR) property for 2 years (We'll call it property A), but then moved into it full-time (not renting it out) "converting it" into a Primary residence - and in the future, I decided to purchase a...
Andrew Ramler
If I rent the property I currently have homesteaded will I loose
If I currently own and live in a single family property that I have homesteaded and decide rent it and move into an apartment can I keep my SF house Homesteaded?I am asking for a family member who lives in Dallas, Tex...
Samuel Mercer
New Real Estate Investor Needing HELP! Thank you All in advance!!
I am selling my house in a few weeks for less than i bought it for (which is fine due to the market).I have found a commercial property I want to use the money for. How can I use the money from my residential home to...
Diana Medina
1031 Exchange - How to split the funds
Hello.I’m closing on the sale of a property and have the option to roll over the gains into a 1031 exchange. I’ve identified a new investment and can use part of the funds to finance the new purchase. I can identify a...
Davin Manfredi
FHA mortgage and Marriage
Hello everyone,
I currently own a house hack with an FHA mortgage and I am the sole owner of that property. I am going to be getting married in a year, and I was wondering can my spouse get an FHA loan after we are m...
Al-Qumar Atkins
Success Househacking in San Diego
Hi everyone. I'm currently looking for my first property in San Diego to househack and had some questions for others who have done this already:Are you househacking with roommates (i.e. not a multi-family residence w...
Billy Morse
Capital Gain Taxes--what are the rules
I thinking about selling my house, We bought on Oct 15th for 324k and put 90k in it. We think we can sell for 500k. Is there a loophole for not paying capital gains tax. Does anybody have an idea what the tax would be?