I wanted to tap into the advice from the group: we have a property that has turned into rental in early 2018 but was our primary residence for 5 years before that. If the house were to go on the market, would the gain...
I am just starting out as a wholesaler I know of 3 properties that are vacant, before I contact the homeowners I would like to have the agreement so when I talk the homeowners in to letting me sell the contract to an...
Confirming that (generally speaking) a property owner will likely have to report any cancelled debt from a short sale as income? Any way around this if true?
I have a couple questions related to the tax benefit of selling a home you've lived in for 2 of the last 5 years.1. If there are two names on the title of the house, do both of the owners need to live in the house to ...
Hi all - can anyone give me some recommendations on who they use for their insurance that does not exclude short term rental? I know some of you all live on the edge with that but I am looking for affordable second ho...
My parents built a house in the late 80s in the San Diego area and rented the house for 15 years. Then in 2002 they remodeled the house and made it there primary residence and lived there for 10 years. At that time th...
Facts:1. Condo 1, titled in my name, bought in September 2013. Been living in this condo since (almost 6 years).2. Condo 2, titled in wife's name, bought in September 2015 and sold in May 2019. Wife lived in the condo...
first time trying to get into real estate and looking for lending options and places where we can reach for buying real estate in LLC.
I would like to get just some general numbers on construction costs per square foot and for each price point, what type of finish should I expect? I want to develop a small multifamily rental property, but fear the pr...
I bought my home for 251k in California and sold it for 458k 1.5yrs later. I understand that I'm going to have to pay capital gains tax. How can I avoid paying so much of that tax? Buy a new home?