Art Maydan
"Authorized Resident" vs. Tenant
I'm managing a property with a 4-bedroom coachhouse. I wasn't the one who found or signed the tenant. They're four young adults who seem to be splitting the rent equally, but on the lease, three of them are tenants an...
Eric Bilderback
1031 into personal residence
Looking for a CPA/EA who knows this answer. I was a CPA but I don’t the answer to this. I have a friend who is 68 and lives in a trailer with his wife and granddaughter, kind of sucks. He does not have a ton of mon...
Leon Lee
Loan for primary residency
Dear BPersIf I apply for a loan on a new property with the intention to move in and treat it as my primary residency, what are the minimal years that I need to live there? If I need to move before that minimal period ...
Baze M.
Refinance of primary residence
Blessings BP,I've got a client looking to refinance her home. This is an older lady that's always maintained a perfect credit score until she got sick a couple years ago. Fortunately, her health has greatly improved...
Morris Mwangi Gitau
Newbie Foreigner (Non-resident)
Hi, I am a foreigner (non-resident) looking to invest in real estate in USA. I have very little knowledge regarding the whole process of financing,buying and letting out. I am particularly interested in financing, how...
Account Closed
Taxes on Primary residence
If I sell my primary residence and have lived there less than 2 years around what tax rate should I expect to pay on the profit of my home?
Peter Stephan
New resident to California
Hello!I am working to build enough capital to own my first rental property! I'm interested in buying multi family homes and fixer uppers to build equity around flourishing areas around Sacramento and the Bay Area.
Phillip Li
Selling old primary residence
Hello,I am selling my first home. The commission to agents is 3% per agent. The selling price is $144,900, considering the fees and everything associated, what is my total closing costs? what are the total of all the ...
Ashley Cote
FHA and Primary Residence
I am currently wanting to buy either a multifamily property or single family and live in one unit, rent out the rest. I am also locked into a lease (12 months from now - just started it). If I were to buy a property a...
Andrew Smith
1031 for Primary residence
My sister is upgrading primary residences and was asking if she could use a 1031 for primary to primary or if the property purchased had to be an investment property.