I am currently listed to sell with a known realtor in my area. I was just wondering if I can use a different realtor for my next purchase who is more known to have a better understanding in real estate investing and c...
Im looking into selling my duplex and using the 1031 Exchange to purchase a property that brings in greater cash flow. DetailsMortgage - $350,000Appraisal - $550,000With this information I could roll the $200,000 "pro...
I and my wife own a condo and have used it as our primary residence for exactly 3 years. We own the condo without any mortgage. I will be moving the condo into an LLC (a single member LLC with me being the only membe...
Purchased this house in 2012. Lived in it till 2019. Rented the house out for one year. If I sell the home I'm looking at 60,000 + in pocket. I want to sell the property and buy cheaper rentals no finance. Since I liv...
Hi everyone,
New to biggerpockets (found through Danny Johnson from flippingjunkie). I'm somewhat new to real estate having one "slow flip" under my belt, and another underway. I say slow flip meaning we live...
Hi there,I'm just curious what the normal broker fee is for finding a tenant for a commercial space, specifically an office space. The broker that I worked with to find the commercial property charges "6% of the total...
Hello community! New investor here. I am looking for my first investment property and I have seen a few with a realtor who happens to be a good friend of mine. I reached out to another realtor because she owns 20 rent...
Question on section 121 exclusion for cap gains, specifically the timing of needing to live in the property for 2 of the last 5 years. Does anyone know off-hand if that is for the calendar year or exact dates? Assumin...
So I made a mistake.We sold a rental property and I assumed that we had to do 1031 exchange to avoid capital gains tax. My bad. I didn't double check for exceptions.$850 later, thinking I was so smart for doing 1031, ...
Okay. I think I have this right but Since I'm dealing with a lot of money Just wanted confirmation. Because it's a lot of money.
I moved into my house as my primary residence and lived there from June 1st 2015 thro...