I’m selling a rental condo and looking for replacement property. I found a single family home with an in-law that would be great for us as a primary residence. Is there a strategy that would make it possible to 1031 i...
Property 1: Purchased as primary residence in Feb/2020. It is a SFH with an attached in-law suite. Main house has been a short-term rental since March/2020.In law suite was my primary residence from Feb/2020 - Feb/202...
I am frustrated with the poor quality of information for my situation — maybe y'all can help!My permanent address (tax home) is near Knoxville. My work will soon be taking me to North Carolina. I am fully prepared to ...
Hi I live outside US and own rentals in US. Currently all are under my name. I'm non resident, I don't work or live in US however, my girlfriend is in US, and I stay there a lot(over 183 days rule. but its not a prob...
Hello PB family. I live in the Seattle area and want to buy investment property in Houston. With today’s interest rates I would qualify for about a 500k loan in my area to purchase a primary residence. I am trying to ...
To start, this began back in 2012, but took me a while to get some traction and realize real estate was the way I wanted to go.Let me provide the brief version:First property I purchased was a short sale in Clintonvil...
If a person does a short sale and receives a 1099 as if they collected money.. the difference between whats owed and the short sale price... Is there not tax implications?
Hi,So here's the story, about 4 years ago I had helped my mom get a home loan under my name. The reason was that at the time, she was just starting to establish her business and she couldn't get a good interest rate. ...
Hi All,I presently own my primary home with a conventional mortgage (we put 20% down 2 years ago) and I am now looking at starting to get into real estate investment in San Antonio. My plan is I would like to buy a 4-...
I am interested in purchasing a home in Big Bear, CA area using an FHA 203k loan putting 3.5% down. I know that a home must be my primary residence for 1 year in accordance with the fha loan requirements. I am struggl...