Hi everyone,I am looking to purchase 2 or 3 investment properties to rent them out on airbnb. This is my short time plan while my long term plan may involved further purchases or the purchase of a primary residence (I...
Hi All!
I recently (November 2020) purchased a property in Northern California and the market lifted quite a bit in the 12 months (18%+). Sadly i am having to move cities due to another job opportunity but didn't wan...
Hey everybody! I’m from Canada, starting to go to school in the fall. Looking to house hack and find some of my classmates to help pay down my mortgage for the next few years. Then eventually turn it into my own stude...
I'm looking to purchase a 5 unit and rehab it and then live in it. I heard on the podcast that someone house hacked their first real estate investment this very same way. Because it was their primary residence they we...
Hello all, we are very green in understanding tax strategies for STRs and we're trying to understand how/what STR tax deductions can be captured for primary residences. Below I have posed a scenario to use as an examp...
I spoke to few lenders they strictly only allow 25% down for the 4plex and not allowing 20% for 4plex using it as a primary residence. But as per rules, in theory I should be able to get a conventional loan with 20% d...
Hello all!I am a California resident and am planning to purchase a home in Texas within the next 6 months using an FHA loan. I am aiming to purchase a fourplex, and owner-occupy one of the four units.There is a cavea...
We are in an odd position if this tax reform to the capital gains for primary residence gets passed as planned. We've owned our primary residence since October 2014. Since we had over an acre of land we had it surve...
can i rent my primary house as rental property for 3 years and come back and stay as primary after 3 years ( this is basically to avoid the tax) . is it still considered as primary residence or is it considered as ren...
Hi BP, I'm currently looking to put a low down payment on my first 2-4 unit primary residence, and I've been pre approved to go with FHA. A lot of the homes I'm interested don't qualify for FHA financing due to their ...