Julius Kerschinske
Letter of Intent Help
The 3 hardest words in the English language are "I don't know." I'm here to say, I don't know, and I need help. My business partner and I have a property we're very interested in, and believe we can make a deal. This ...
Jack B.
2/5 year primary residence IRS test
What if you lived in a property as a primary residence for 2 years, and rented it for 4 years, then moved back into it for 2 years before selling it? Does it still qualify for the capital gains tax exclusion or will o...
Michael Brady
Current deal
I have a condo that I own free and clear. I am buying a new primary residence. I got a home equity line of credit to make the down payment. Anyways I was initially planning on selling it and using that money to found ...
Valerie Vierengel
Exclusive Buyer Agency Agreement
we're looking at a property and the agent sent us an "exclusive buyer agency agreement" that forces us to work exclusively with her for the period of one year. We've not had to agree to such a thing on previous inves...
Trey Read
Exit strategy on SFH
Looking for a RE meet-up in Central Ohio!Looking to offer my help, to network and to gain knowledgeNot looking for a Guru sales pitch! I've signed up for a CORRE meet-up, does anyone have any reviews on this particula...
Maria Luna
Gaining experience as a landlord
Happy Thursday to everyone,
I need some information, hopefully somebody here can help me. I know that when you are investing on a multifamily or apartment building, when you apply for a loan in order for the banks t...
Susannah Bonn
Confused about capital gains exemption
Do you pay capital gains taxes when you sell in a house that you lived in for two years and then rented out for three? It fits the 2/5 year rule but not sure whether it fits the "primary residence" part. Does the ru...
Sunil Annam
Who does repairs in NNN
In light industrial, say if HVAC broke, should the landlord repair? Or the tenant does and landlord doesn't need to know?if landlord wants to have HVAC serviced every year, does tenant pay for it?
Trace Garretson
Dual Agency Scenario
Hello and thank you to anybody who helps me understand this a little better.I am currently working through an online school to get my real estate license. It has been brought to my attention that in my state of Colora...
Brian Ellis
Avoiding Capital gains tax
Hello friends,
What are the rules to avoiding capital gains tax?
I believe it’s a minimum of living in a primary residence for two years. But what about turning it into a rental after the 2 years?
My first house I ...