Jill E.
Rent Primary Residence from yourself?
Can I add my primary residence to my rental portfolio and rent to myself? Because of the new limitations on mortgage interest and state income tax, many can't fully utilize the deduction with a $10k cap. Can I rent ...
Marzieh Rostami
Property taxes on primary residence
I have read that if I have lived in my house for two of the last five years I owned it then I won't have to pay taxes. Well I have lived in my house for two years but I've also only owned it for two years not five. Do...
Pat Noyes
Primary residence home equity use
I am looking at one of two options.
1) get a HELOC on my primary residence and use it for a 20-25% down payment on a multi family. OR
2) sell our home and use the proceeds for a) 3.5% FHA or 5% conventional down pay...
Account Closed
Repairs for my primary residence
If I have 5,000 only and I will buy a houseWith 25% discount but I have to pay 3,000 in repairs ¿ How will i pay 3,000 in repairs if i just have 5,000 for downpayment and closing costs? And what if i get the money bu...
Cristina Kindred
Adding personal residence to portfolio
we have had a four plex for many years. Rental history always has been excellent. We are in the position to move and considering options for our current primary residence. The way it is laid out we could 1) rent entir...
Carlos Rivera
Buying a new primary residence
I'm looking to buy a new primary residence within the next 18 months. Key to this is I desire to convert my existing primary residence to a rental. I current owe about 80% of the value on the mortgage. Are there wa...
Brigitte Beauchat
Buying Primary Residence with LLC?
Hello! My husband and I found a house that we would really like to purchase as our primary residence. Is it possible to buy a primary residence with our LLC and pay the LLC rent for the property? The reason we are int...
Kelvin Vinston
Renting out my primary residence
I'm currently deployed overseas and I wanna rent my home out for passive income. I also would needto find a reliable PM in the area, and a good tenant screening platform. Are there any landlords (previous landlords) w...
Chris Lam
converting primary residence vs selling
rent vs selling primary residenceGreetings everyone, I have a primary residence that I want to convert into a rental property. However, I would like some advice as to whether the numbers work out, as opposed to sellin...
Matt Davis
Complete Gut for Primary Residence
Hi all, new to posting, but have been reading BP for a while now. We are looking at a property that is an estate sale, the children are selling the home, and it was built in 1952 and looks like it has not been touched...