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Hello, I bought a condo in Laguna Niguel CA in December 2009 (short sale) for $365,000. Today it is worth about $550,000. In 2009/2010 I did $29,852 of improvements including interior paint, carpet, remodel kitchen/b...
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I have 2 questions that I would love if someone had insight into. 1) as the title says, we don't quite reach 2 years for the tax exemption. We were one month short before renting it out. We closed in May 2018 and th...
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Key Opportunities in the United States for Investing in Luxury Properties
The luxury real estate market in the United States is constantly evolving, and certain states and cities offer unique opportunities for those ...
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I recently learned about Pocket Listings.From what I understand, a Pocket Listing is a Listing where a Seller may have informed the Agent/Broker that they would like to sell but does not want to list or show the prope...
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Hi
Are service members/vets subject to gains tax where they purchased home with VA loan then rented it out for more than 2 out of the last 5 years?
Thx!
M
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When I try to access the BiggerPockets Exclusive PRO area on the iPhone BP app, I get the message "You must have a BiggerPockets Plus or Pro account to view that forum." I tried signing out and back in to no avail. Th...
My wife and I are thinking of selling our primary residence in 2-3 years. we live here for 20 years. If the market continues the way it is, we are looking at a $1mn gain in 2-3 years. if we sell today, our gain is ...
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Just got off the phone with a potential REagent. We have been talking for about a week, her paper work to have me work with her exclusively just arrived today. She is displaying some reluctancy on putting in offers ...
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Hello,I have a property with a lot of capital gains that I wanted to use some of the basis portion (basis plus the 250K exclusion) to buy a SFR. If so how do I do that ? Can I use the amount I believe is the capital g...