I'm working on a research project and am hoping to crowdsource some recommendations about insurance coverage for your midterm rental properties. What are you experienced hosts doing? My questions are:- Policy type: ho...
I keep hearing of investors who want to liquidate several residential holdings and avoid any capital gains by selling their primary residence then moving into another previously rented out home, which becomes primary,...
Those of you that do a combination of long-term investing and short term flips? I am fairly new to investing, but I always thought I'd hold everything I bought and simply build out my rental portfolio.
I have a prope...
Hello all! I have read through the IRS documents in this subject and can’t come to a clear consensus. Here’s the situation: I and my spouse got married in our thirties and both owned a residence. We got married Decemb...
Hello BiggerPockets!I am SO glad that I have stumbled into this wonderful community. My S.O. and I have been reading as well as listening to the pod-casts for a month now. For about a decade I have wanted to get into ...
So the situation is my wife and I both owned houses before we got married and I believe we both would meet for two out of the last five year resident test. Can we both use 250 K exemption on our individual properties ...
Hello 4 years ago I got married and we now have 1 house we live in and rent the other one out to a family memberQuestion is:If we sell one or both houses would we have to report the capital gains?Thank you
Hello, I bought a condo in Laguna Niguel CA in December 2009 (short sale) for $365,000. Today it is worth about $550,000. In 2009/2010 I did $29,852 of improvements including interior paint, carpet, remodel kitchen/b...
My wife and I are debating selling our primary residence and down sizing into our rental property. If we use the capital gain exclusion on selling our primary residence, ($150k gain currently) are we able to utilize t...
Hey everyone,I hope all is going well with your real estate portfolios and/or business! My name is Nick and I've been in Real Estate for a few years now and would love to meet up with some of you and have a cup of cof...