Everett Yano
Homeowner's Insurance for SFR Househack renting 3 rooms
Hello BP,I bought a SFR 4 Bed 4 Bath in California that I plan to owner-occupy while renting out the 3 remaining rooms. I am currently looking for a Homeowner's Insurance policy. A common exclusion to coverage is rent...
Dan Gandee
HOLY SMOKES! I Owed $47K In Taxes!
PHONE RINGS...My wife who does our real estate brokerage accounting and investment business bookkeeping just called me to say we owe $47K in taxes...{heart stops}.BUT I didn't blink an eye because I understand the tru...
Elad Messing
Geico Umbrella Insurance - not really suitable for investors ?
Hello BP community, Is Geico umbrella insurance of any use to investors? I have some rental properties and following the advice to purchase umbrella liability insurance. Our home insurances were done through Geico (as...
Chris Graf
Teaming Up On A Wholesale
i found a wholeseller who has a home under contract but he cant find a buyer the house has a tax levy on it. So i told him i could find a cash buyer from my list to buy it.
But,how can i secure my self from h...
Andrew Clark
Primary Residence Capital Gains Tax
Needing some advice on capital gains tax.. I will be selling my current primary residence in a few months & moving over the proceeds to my next home. I will only have lived there for 10-11 months by the time I mov...
Hannah Leas
Capital Gains Tax Help on Primary Residence
Hey Bigger Pockets Network,I purchased a home (first home and primary residence) in August 2016 for $135,000. I put in about $10,000 of renovations. This home was located in Vancouver, WA.In July 2017 I sold the home ...
Yawiney Yawiney
Capital gains question
I'm about to make over 500k on the sale of my home. It's been owner occupied for the past 2 years and my income in '18 and 19 has been very low. Under 20k.With that low income, can i still be charged capital gains?I...
Jay Hinrichs
CAlling BP CPA to write post to clarify new tax bill for landlord
@Mindy Jensen Mindy it would be great if you can twist one of the CPA on BP to do a nice post on the effects of the new tax bill.. as I know the threads will start to run wild with you can do this you cant do that....
Eric Peterson
Capital gains for a property rented just over 3 years
Can anyone tell me what happens if a home has been renting out for just over 3 years in terms of the capital gains exclusion. Do you lose the entire benefit or is there a sliding scale. Let's say you're trying to deci...
Ray Loveless
My Agent wants me to sign a "buyer's-Broker" agreement. go/no-go?
So I'm searching for a Multi family property in Utah, I've contacted some agents and let them know I'm looking. One agent, who I've worked with for a bit, send me an email stating they have an off market deal and tha...