So I have a thought. My primary residence can I put in my business name and rent it to myself? This would be a huge tax advantage.

Daz

Hello again BP membersI have recently discovered how to pick up not so bad REO SFR’s to flip and rent out (or flip and sale .. not my thing though) with basically using the brrrr methodMy question is more of which is ...

Hello Everybody,

I will be selling my current home and purchasing a new home(that will need some remodeling) with the hopes of using a 1031 exchange.

I would like to know what this process is like.

Here are my deta...

Hello Biggerpockets members, Last year, my wife and I bought a Miami property with 2 detached homes on it (1 mortgage). We are renting (was already rented) the smaller 1,400 s.f. home. The larger 2,100 s.f. is our pri...

Hello, I used my VA loan to purchase my primary residence, SF house in FL this year. My 1 year mark is March 15th 2023 and I would like to buy a second home at this time in CT. But, I do not want to be a resident of C...

I will be purchasing my first rental property and I own my primary home outright with no mortgage.  The property costs $210,000 and my home’s value is 465,000. I am not sure what the right way to finance this would be...

I am looking for clarification on how my primary residence impacts my ability to max out the amount of loans I can take out. Regardless if I can do 4 or the maximum 10, is my primary, owner occupied residence (mortgag...

Hi, I have a primary residence on a large piece of land. I'm selling a lot from it (say for $300k) and at the same time buying an adjacent lot (say for $100k).  How does capital gains work in this case? Can I claim...

One of my rental properties is fully paid off while I have around 200K remaining on the mortgage for my primary residence at an interest rate of 3.875% (and I am only 4 years into the term).   I am thinking of doing a...

Hello everyone. I am new in this business... i have a rental property which is almost completely paid it off, appraised at about 110k... my question to you guys if anyone aware of any financial institutions in NY stat...