Scott Diller
Can I use future bedroom rental income for House Hack VA loan?
I am currently in the process of being preapproved for my VA loan. I plan to have my letter tomorrow. I am a regional airline pilot in Houston and have many coworkers seriously interested in renting bedrooms from me...
Clint Worland
capital gains tax on my short term flip?
Good Evening. I live in San Diego CA and i am about to sell my third flip this year.
My First two flips the FTB took a larg percentage from Escrow for cap gains. In reading thorugh some of the other posts its...
Tyler Smith
10% dp vacation home loan requirements
I just closed on a 10% down vacation loan (second home mortgage) and one of the requirements is to be in the property 14 days out of the year. Does anyone have any experience with this and how to report that you stay...
Brian Hellenbrand
Screening Questions
Hello, I was wondering if anyone could look over my screening questions to see if #1 they are all legal, #2 am I missing anything. This is done before I do a showing or give them an application. Here is my "plan of ...
Nicholas Calciano
Selling primary for an investment property
Hello BP Community! I have a questions for you specialists and intellectual people on 1031 Exchanges.Can you sell a Primary Residence worth 2.2 million for an apartment complex that is like value and sale price? Thanks!
Kristina Lugo
1031 Exchange on Multi-Family
Hello from Chicago! How does the 1031 exchange apply to a multi-family unit in the case where 1 unit is rented and the other is a primary residence? I'm reading Garret Sutton's Loopholes book and it doesn't offer sugg...
Pavan Sandhu
primary residence to mixed use building
hello all- Tax question.Can someone who purchased their home w/ FHA financing sell 6 months later and roll profits into a 1031 exchange in order to reduce tax thresholds? or would you recommend a better strategy? Prim...
Saemi Jung
Refinancing VA loan. Do I have to? Is there another way?
Hi,
I am a first time buyer looking to buy a multiplex using the VA loan.
If I want to rent out all the units, do I have to refinance since the VA loan requires that it be your primary residence? Is there some othe...
Kenny Stevenson
House hacking rules
Good Morning I was listening to the BP Rookie show #300. The guest said she was house hacking but only stayed there in the property 6 months out of the year and short term least it out the winter months to travel and ...
Steve Hungerford
Can I do a 1031 with the capital gains portion of the Sale......
Hello,I have a property with a lot of capital gains that I wanted to use some of the basis portion (basis plus the 250K exclusion) to buy a SFR. If so how do I do that ? Can I use the amount I believe is the capital g...