Sarah Lorenz
Anyone out there who does a high-end live-in flip every 2 years?
I’m curious to hear if there are people doing this regularly and making up to the $500,000 tax-free.
Will Johnston
Relationships with Realtors
Would some of you be willing to share how you structure your agreements with the Realtor(s) you work with?I've been working with a friend who is a Realtor, and I've signed the standard buyer agency agreement form, whi...
Daniel B.
Taxes on selling primary residence that was a rental
Hi, We purchased a 2 family in 2012 as a rental property. We ended up moving into the larger unit approx June 1st 2015 and continued to rent the 2nd unit. We moved out approx Nov 1st 2018, living there almost 3.5 y...
Jennifer C.
Need a RE Tax Strategist & Mentor & Possibly Partners
Hello Big Pocket People,My husband and I own a 2-Family property in Brooklyn NY. We have one more year before losing our cap gains exclusion. We moved to Denver for my husband's job two years ago.The appreciation in B...
Amanda Serrioz
WWYD: 115k equity in primary residence
I've been a realtor in Wichita, KS for just over a year. I consider myself green, but not "new," to investing. We bought one rental for 30k cash in 2011 and sold it this year for 53k. Rented for 600-650/mo while we ...
Shawn S.
Rental conversion former primary residence
I have one bedroom one bath condo in Los Angeles county. Purchased 3 years ago for $232k, I have about $22k into it (including the 5% downpayment). The current loan balance is $206k and its appraising now at $300k. ...
Christopher Davis
Selling directly between seller and buyer with no realtor
Hi, Let's say you're selling and you have a buyer in hand already, you agree on a price. So basically you want to sell one party to another and no realtors are involved. Doesn't someone still need to administer the pr...
Nathan Waters
Subject to, Contract for Deed, Wrap Around
I am closing on my first seller financed deal in about a week. It is a contract for deed. There is a current lien on the house that I will be paying to ensure its not missed. But my question is this:Whats the differen...
Jj Horst
Interesting situation. Possible to avoid cap-gains tax on rental?
So my wife and I owned and lived in a duplex here in Austin TX from 2015-2017 (just over 2 years). We then moved to a new duplex and rented out the original one. We are now selling the original duplex in order to fund...
Daren Wendell
Exclusive Buyer Agency Agreement???
I'm looking for a real estate agent to who will show me a house once I run the numbers and they look within my acceptable range. The two that I reached out to wanted me to sign a buyer agency agreement that basically ...