hi all! looking for some guidance here. what proof does the IRS require to show that you lived in the home as your primary residence for 2 of 5 years? example: I bought a townhome in aug 2015, lived in it for just ove...

My partner and I have been saving up to buy a multi-family house in the Hudson Valley. The idea is to buy something with at least one rental unit so that we can transition to a life with lower monthly costs over time,...

If the house that I currently live in was never rented out before (for many years now), how long do I have to rent it out to someone else in order to qualify for a 1031 exchange and the 121 exclusion together when it’...

I've been getting a lot of first time investors asking if there are any programs in Texas to help with downpayment for home purchase. Usually these investors are looking to do live in flip as their primary residence. ...

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

I'm looking to put 5% down (50k) on a multifamily that I plan to move into as my primary.  i'm having difficulty determining if I should get an FHA (95-5) or HEL (80-15-5).  The HEL would come from my current primary ...

Can anyone please give me an estimate of what would it be the taxes percentage that one would be paying if one bought a home for $400k and sold it back for $700k.

I'm in the military and bought a house in TN in January 2019 (2.5 years ago). In August of 2019, I received orders to move, so I only ended up living in the house for about 9 months. We rented the house out and will n...

When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...

I'm wondering if anyone is an expert on or has experience with doing a 1031 exchange with two homes for sale at one time?  I have a condo in St Petersburg, FL, and a home in Northern Colorado and I'm wondering if I ca...