In escrow on a fourplex. I noticed a color difference in the listing pics and the google earth pics. Turns out it was painted. It was built in 99 which I don't understand why you would paint it. SOmeone suggested it w...
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Hello
I own primary home in CA , East bay and now I would like to buy another primary home and keep the current home as rental. I am not sure how soon I can get new primary home (I am trying to offer this week but wi...
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I am trying to help a previous client avoid a healthy capital gains bill on the sale of their primary residence. Trying not to spell it out to them directly though out of concern of giving tax advice outside of my sc...
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I was under the impression that 2 years was an all or nothing rule for the capital gains exclusion on your primary, but apparently that's not the case. Does anyone know if this prorated system was just proposed or is ...
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Hello, my friend has a single-family house in St Petersburg, Florida which we invested together and renovated. I will purchase the house as my primary and was shopping around for homeowner insurance policy. However, ...
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So iv been hearing other investors say this .... Rent what you own , and rent where you live. Sell your house it’s a liability not an asset. I agree , it is a liability. Costs me about $2000k a month to have a 3br hom...
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Hi All,
I am new to RE investing. I recently opened a LLC and purchased a single unit property (cash purchase). Goal is to have 4 or 5 units at the moment.
My question:
Is it ok to give out a loan (from my personal ...
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I know this is somewhat off-topic, maybe there is a bigger pockets money forum that I just couldn’t quite locate?The primary question I have for the community is, “ should I withdraw from my fully vested 401k early?”I...
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Hey Guys,
For those who are an LP or GP in Real Estate Syndication deals and invest with Post-Tax cash account (not SDIRA etc.) I am curious about what type of funding account that you use. I have outlined the consi...