Looking for some insight here..I'm currently looking for a 2plex-4plex in a few different markets and am circling back to the idea of FHA owner occupied. I just want to understand the specifics here. My understanding ...

I have 2 questions that I would love if someone had insight into.  1) as the title says, we don't quite reach 2 years for the tax exemption. We were one month short before renting it out.  We closed in May 2018 and th...

Hi,I am looking to get some opinions on the situation I am in. I have signed a lease and transferred payment of 1st month's rent and security deposit to the landlord. I have the keys and have begun moving items into t...

Hello all, we are in a position to purchase a home in Flagler Beach Fl, for 590k. 3/2 1800 sqft solid home with a stem wall (not in flood zone). Property is 3 streets from the ocean, very close nit community. This wou...

I need clarification of the tax expense related to a sale of a property that was my primary residence. Let’s say I make $100k on a sale of my primary residents. Profit. This is after including all cost associated with...

Hello! So I've been sifting through the forum but can not find an answer to this question. SITUATION: Looking to buy a multi family and owner occupy. However, my terms on VA loan require me to put a down payment on an...

Hello! Can anybody recommend a good CPA in Fresno, CA (or nearby surrounding areas) who can advise me about my tax situation?

I am a self-employed contracted mail carrier for the USPS. I am looking to get certified a...

I am just wondering what some of your thoughts are about taking the equity out of rental properties to reinvest? I was talking to an old timer who said he always mortgages out all his properties. My first thought and ...

I am looking at a duplex the owner is willing to finance with 10% down and carry the loan for 6 months for a balloon payment my plan will be to rehab the units and property then rent it and refinance it. My question i...

Hello, I’m an investor from Wisconsin. I purchased a home via “Subject to”, I’m listed as additionally loss payee insured on sellers policy & of coarse I own the Deed. The mortgage is still in sellers name until s...