Robin Edwards
First time homebuyer Tax Law: Need help
My wife and I are looking for a house hack property in Houston or Galveston. This will our first time buying a home, so we are very green at this.We are using my IRA account to fund our down payment. I understand th...
Joseph Bridenstine
HPSP/VA Loan Question from Newbie Investor in Medical School
Hey Military BP Members!I am relatively new to real estate investing but am looking to acquire my first property soon and possibly do a house hack using a VA loan. I am currently in my last year of medical school with...
Jerod McCarrell
Financing for Home
Hey everyone! I’m in a “unique” situation and looking for some guidance/advice. I’m currently a second year medical student here in San Antonio. My wife and I are currently home owners as we were able to afford a 250k...
John Tarantino
Cost Segregation Questions
1) Will you lose material participation in the cost segregation if your property is in a neighboring state?
2) If you close on a property in December this year. Can it still qualify for 100% cost segregation?
Michael Key
Finding Insurance when primary residence is a rental
I have a unique situation. And it seems difficult for insurance companies to wrap their heads around it, but I've been told it's very common in places like DC and San Fran.My W2 company is located in Florida, I'm in t...
Ameer Eddin
Primary Residence vs. Investment- Refinance
I'm hoping I can get some feedback on what constitutes a primary residence for underwriters on a conventional loan. I have a friend that asked for advice on refinancing her first home which was purchased 2 years ago w...
Troy Danno
Capital Gains Questions
Hello BP Community! I am in need of some advice/knowledge on Capital Gains Taxes pertaining to my personal situation.
My wife and I currently live in CA and are planning to sell our primary residence in the next mon...
Travon Allender
Exit strategy - refi out of lender's loan
A portfolio lender is interested in lending me capitol on a property (buy and hold). The lender will cover acquisition costs (purchase and rehab).To date I have been unable to modify the mortgage on my primary reside...
Albert Melo
Help with doing a 1031 exchange
Happy 4th everyone!
I'm in the process of rehabbing a house, I should
Be done with it in a bout 2 months. I plan on selling it and I want to buy two houses with that profit. One for me and my wife to live in and th...
Jered Sturm
When to sell primary residence and only pay long term cap gain ?
I have a primary residence I purchased August 4th 2015. I moved into the home August 4th and began doing a major renovation. I am just now finishing the renovation and plan to sell the home with an expected sizable ga...