Mike A.
Rental - CA - 2/5 Rule Capital Gains Question- CA
Hello All, First time poster, just joined. I have searched the site about rental capital gains and I believe I understand that you must live in the property 2 out of the last 5 years to escape capital gains tax. How...
Chase Burge
Move back in to capture "2 out of 5" possible?
My wife and I lived in a house from March 2016 to September 2018 (almost exactly 18 months to the day). We then rented it out after we relocated across town. If we move back in for 6 months are we able to avoid the ca...
Patty Tran
Clarification on umbrella policies
I see numerous threads on umbrella policies here, but I am still not 100% clear. Few questions.1) Does the umbrella policy on my primary residence also cover any rentals I own? I think the answer is it depends on the...
Stephen McCracken
Cashout Refi on Relative's House to House Flip & Tax Ramification
Hey Guys,Just got off the phone with my CPA (out in California)... relocated to Denver a few months ago.I recently refinanced a retired relative's home (I was named co-borrower hence now on Title as joint tenant)My qu...
Cliff T.
Anyone have experience selling a deeded parking spot?
Hi all,Hoping to get some info on how selling a deeded parking spot works. My wife and I own a condo in San Francisco that comes with a deeded parking spot. Someone in the building inquired to purchase the spot. They'...
Munim Jalil
Pros & Cons of Moving Primary Residence to a LLC
Hi All,I purchased my first property at the end of 2017 in NYC, the property is a two family house, which includes a duplex and one-bedroom apartment. When I purchased the house, I took out a traditional conventional ...
Himanshu Patwardhan
Renting out condo: Can i engage multiple agents to get it rented
I am about to close on a condo. I want to get it rented out as fast I could. This is my first investment property. Can I engage multiple agents to get it rented out faster. I know the typical rent range I am going to ...
Derek Daun
Homeowner exclusion or Split 1031 on a SFH with a tenant/roomate?
I'm curious how I would treat gains if I sell my primary residence taking into the account that I rent part the house out. Additionally, I'm wondering if there's anything differently I should be doing now for taxes.S...
Prashant P.
Anyone use a property managment app?
I got a new toy last night and was looking in the app store and saw there are quite a few property managment apps?
Example: RentTracker Property Management
Anyone use one of these?
Bryan Pham
Recommendations for books on Tax Liens, Notes?
Hi BP,What are some quality books you would recommend to learn more about tax liens and notes?