Jason Dillard
Add Cash To Any Property To Get It Sold
If we stay in the real estate investing business long enough, eventually we'll own or list a property that will be hard to sell. There is one sure fire way to get every property sold no matter how terrible the propert...
Jannah M.
Question on next move
Hi everyone! I'd love some advice here.I currently live in a large 4 bedroom, 3.5 bath home in Oakland, California. A conservative estimate of it's current value is $900,000 with about a $600,000 loan remaining. Ye...
JJ Neerman
New Mortgage vs HELOC for cashing out equity
I have two properties in the Tulsa area of Oklahoma I bought in August; both were land and mobile home purchases. One I paid cash for, the other I put money down and the owner carried back the balance. The twist on th...
Ryan Braman
Hawaii transplant to VA
Good morning everyone! Recently moved from Hawaii, where I sold my former 'home-converted-to-rental' and used the proceeds to purchase a 5 unit apartment in Lexington VA, where I now reside. Bought my HI house in 2005...
Isaac Passmore
Any rules against turning a wet bar into full kitchen in DC?
So I'm seeing that a lot of SFHs in DC splitting the top and lower levels into two different spaces to rent out. Many of these basement units have what are called 'wet bars'. What do they mean when they say this? Is i...
Henley H.
Tax implications if a 1031 exchange becomes primary residence?
I am looking at selling and investment property and would like to do a 1031 exchange. Their is a possibility that the new property I purchase for the 1031 exchange will eventually become my primary, owner occupied re...
Mike Fleener
Outside the box 1031?
Is it possoble to sell a rental house and 1031 into a str and then also move into the str and have it be your primary residence?
Thomas Magill
1100 sq ft smokers palace/pet toilet to incredible sub to flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $84,257
Cash invested: $58,443
Sale price: $181,000
This property was unique because it was the first time I've...
William Behm
Capital Gains Exclusion Home Sale will be 5 YEARS instead of 2!!!
No on seems to be talking about this. But as of January 1, 2018 the new Tax Overhaul Bill will substantially increase the requirement to live in a home from 2 years to 5 years in order to qualify for the capital gain...
Kristi Pratt
Next steps advice?
My husband and I own a profitable condo we rent out short to mid-term, while living in a single-family home we plan to convert to a long-term rental. We live in a low cost of living college town. We have $60k set as...