I'm looking to optimize my tax situation, as many states offer tax breaks for "homestead" residences.However, I have yet to see a formal definition of what a homestead actually is.To qualify as a homestead, do you nee...
Hello,Here is a little background on my situation. I bought a home in Las Vegas in which I live in now. I have built some equity up in the home, but would like to hold it. So, I have decided to purchase another home u...
Hey everyone,
First time house hacker here.I closed on a duplex in Philly end of September and once it got cold I realized the living room and medium sized bedroom in one of the units were not warming up as much as o...
I am an agent in PA, some states do not allow you to do this so please check your local and state laws.My number one client is a wholesaler here in my local market of York, PA. He has brought me about 7 listings in th...
Hi BP, I'm reaching out hoping someone can shed some light on a sticky situation I have right now on a property I'm negotiation in Maine. It's after 10 east coast time or I would call my attorney, so hoping someone ca...
Hi everyone, My husband and I purchased a very distressed home last year to fix and flip. We are now 10 months in and ready to sell we purchased for 188k put in 110k and it can be sold for 429k. It can be rented for...
I am a new BP pro member. I am invested in a rental property in partnership through few others and we have formed an LLC (say LLC-Property1) . I am also planning to invest in other investment properties, possibly wit...
Hi Bigger Pocket community,Assuming I should consult a tax/mortgage professional, I'd like to ask y'all for knowledge a guidance here. About me: I own a 2-unit house that I have been house hacking. I have a convention...
Dear BP,
Firstly, I would like to share that I am doing my best to learn and don't want to give the impression, as sometimes is the case, that I have not tried to find the answers.
I have my HELOC approved. I have...
http://www.cbdanforth.com/docs/35E.pdf I have used this successfully many times in hot markets agents will understand in .. in many markets agents will have never seen it.. and if your the first to use it you will win...