There’s a house around an area I really, really like. The owner owes $33K in taxes but the account is on deferral & the exemption is that she’s over 65 so she only pays $300 towards the debt. I don’t think it’s et...

Two-family home in HCOL area worth $1M
$500K owed on mortgage
$3500/mo PITI
$6000/mo rental income
Have opportunity to sell now; unit 1 would be exempt from capital gains tax via sec 121 exemption (lived in 2 of ...

I'm a residential landlord myself, but this question regards a puzzling situation in my church's relationship with its landlord. The church has a NNN lease on a building that includes a shared parking lot. How the par...

Hello friends,I am coming to a dilema on this letter I received from DHCR and hope someone can assist me. This letter i received basically says that due to my tax exemption history on a 3 unit house, my house is subje...

While I am waiting for a response from my accountant, I figured I would try to BP Community. I did try to search, but did not find a similar scenario.
I am considering selling my SFR in North Texas. I lived in it fr...

Hello Chicago Friends-
In doing my own due diligence (which involves calling the city ;) I have not gotten a totally clear answer as to whether or not we would qualify for tax exemption with regards to the building m...

So I’m 100% disabled and wanting to buy a fourplex in Houston. I believe what is happening is that they choose which property you are going to live in. An then use a ratio to determine how it would affect your taxes. ...

Can anyone recommend a lender in NC that is familiar with the delayed financing exemption? I've asked the two lenders that I know and neither are familiar with this option.  TIA

So I am trying to see if anyone know the answer to this question.    I am selling my house in San Jose in which I lived in for 5 years.  I moved out last year and rented it out for the whole year.  I bought the house ...