Jordan Sternik
Tax Refund with Projects
I recently purchased a 2 unit Househack. I intend on living in one half and add some improvements (a driveway, porch, etc.). Come tax time would I be able to claim those purchases because it was done on an investment...
Nick Williams
Qualify for primary residence when you work out of area
I am trying to qualify for a first time home buyer conventional loan, but I work on ships for more than half the year. However i intend to be occupying the home whenever i am not at work. A lender informed me that i ...
Nicholas Martin
1031 tax exchanging rental property into a primary residence
Good morning! I am new to the forum and wanted to know if anyone knows if it is possible to do a 1031 exchange into a primary residence? I am going to be selling off a few of my buy and holds and buying a new home so...
Wendy Van Camp
Letter of intent on new property
Hi, I want to do a 1031 exchange on an investment property I will have held for 2 years as of 4/1/18. First, should I wait until after that date to enter into a realtor contract to sell the property to insure that I...
Mark Spidell
FHA Flip Rule - Short Term Lease
Does anyone know of any problem with renting to the buyer for a couple of months to help with the FHA 90 day flip rule issue?
Frederick Sutton
Laws Affecting Property Owners: California, Los Angeles 1/1/16
2015 Laws Affecting Property OwnersThe following bills were signed into law and will took effect on January 1, 2016. All of these measures are likely to have some impact on property owners. This document is intended ...
Sean Smith
Taxes on Converting Home to Rental
Listed my home about 6/12. Have someone about to sign a lease but realized that an extra bathroom my wife and i have not hardly used has issues needing pretty signifcant repairs. We are moving to new residence July 1,...
Alex Funicello
Can I buy home as primary residence then rent out right away?
Just sold my first house made a profit, now wanting to buy another and rent out right way. Would like to put around 5-10% down. Can I buy a home as my primary residence then rent out right away?
Brett McManus
Missing Something with 203K Loan?
Hi BP!Having just closed on my first Duplex, I am beginning to start down the track of how I want to tackle deal #2. This first property was purchased with an FHA loan and I am owner occupying one side with the other ...
Patricia Miller
How does live-in flipping affect cash-on-cash calculations?
As an exercise, and to practice running the numbers, I decided to evaluate the investment potential of the house I currently live in and treat it like a live-in flip. (It was purchased new 3 years ago and we have been...